Innovative Strategies For Tax Controversies, Business Structuring And Estate Planning
DON’T FORGET: 2017 TAX FILING DEADLINE FOR PASS-THROUGH ENTITIES IS MARCH 15 When it comes to income tax returns, April 15 (actually April 17 this year, because of a weekend and a Washington, D.C., holiday) isn’t the only deadline taxpayers need to think about. The...
SEC. 179 EXPENSING PROVIDES SMALL BUSINESSES TAX SAVINGS ON 2017 RETURNS — AND MORE SAVINGS IN THE FUTURE
TAX CREDIT FOR HIRING FROM CERTAIN “TARGET GROUPS” CAN PROVIDE SUBSTANTIAL TAX SAVINGS Many businesses hired in 2017, and more are planning to hire in 2018. If you’re among them and your hires include members of a “target group,” you may be eligible for the Work...
SMALL BUSINESS OWNERS: A SEP MAY GIVE YOU ONE LAST 2017 TAX AND RETIREMENT SAVING OPPORTUNITY Are you a high-income small-business owner who doesn’t currently have a tax-advantaged retirement plan set up for yourself? A Simplified Employee Pension (SEP) may be just...
see: http://www.TaxEsq.com
CLAIMING BONUS DEPRECIATION ON YOUR 2017 TAX RETURN MAY BE PARTICULARLY BENEFICIAL With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts and Jobs...
MEALS, ENTERTAINMENT AND TRANSPORTATION MAY COST BUSINESSES MORE UNDER THE TCJA Along with tax rate reductions and a new deduction for pass-through qualified business income, the new tax law brings the reduction or elimination of tax deductions for certain business...
see: http://www.TaxEsq.com
CLIENT LETTER CONCERNING THE LATEST TAX REFORMS AND DEVELOPMENTS TO INDIVIDUALS The following is a summary of important tax developments that have occurred in the past three months that may affect you, your family, your investments, and your livelihood. Please call me...
YOUR 2017 TAX RETURN MAY BE YOUR LAST CHANCE TO TAKE THE “MANUFACTURERS’ DEDUCTION” While many provisions of the Tax Cuts and Jobs Act (TCJA) will save businesses tax, the new law also reduces or eliminates some tax breaks for businesses. One break it eliminates is...
