Reviewing local tax report

Some Small Business Owners Can Pay State Income Taxes at Entity-level and Capture a Tax Deduction

Over the years, the tax code has changed many times and the most recent large piece of legislation, the ‘Tax Cuts and Jobs Act, was passed in 2018. This legislation changed many ways in which taxes are figured, including decreasing tax rates, increasing the standard deduction, eliminating the personal exemption and capping the state and …

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