Note: This piece was originally meant to be included in my Year-end business Tax Planning post, but I broke it out separately due to the length and complexity of the subject. One of the biggest changes for 2018 is the new qualified business income deduction. If you are a sole proprietor, a partner in a...Read More

As I’m sure you’re aware, the Tax Cuts and Jobs Act of 2017 (TCJA) was enacted at the end of last year. It’s the largest tax overhaul since the 1986 Tax Reform Act and will affect almost every business in the United States. In light of all the changes that took effect this year, I...Read More