Tax Reform Tax Tip from IRS
Posted by admin on Oct 26, 2018 in Blog | 0 comments“Eligible taxpayers may now deduct up to 20 percent of certain business income from domestic businesses operated as sole proprietorships or through partnerships, S corporations, trusts, and estates. ” Please see the link below:
https://www.irs.gov/newsroom/business-owners-can-claim-a-qualified-business-income-deduction
How the Tax Cuts and Jobs Act affects your taxes.
https://www.irs.gov/tax-reform