This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
The official tax season opens on January 28. Assuming you have your W-2s and 1099s, you can file your 2018 return then. And the earlier the better if you want to:
Can the investment interest expense deduction save you tax on your 2018 return? You generally must pass three hurdles to benefit.