How tax changes may impact small businesses
There are several ways that small businesses may be impacted by the recent House proposed tax changes.
Tag: pass-through entities
Proposed tax hike may drive shift in business structure
A Biden administration proposal calls for a tax hike for corporations. If approved, it may impact how certain business owners structure their business.
Small-business deduction rules finalized
The Treasury and Internal Revenue service recently finalized the rules for claiming the small business deduction, introduced by the Tax Cuts and Jobs Act.