It’s 2018: Have Your Personal Tax Strategies Evolved?
Many long-standing deductions and exemptions will be no more, which might require all new tax strategies. January 26, 2018 By: Diane Kennedy, CPA USTaxAid.com I normally write about tax strategies for business owners and real estate investors. There’s been plenty to write about with the 2018 Tax Cuts and Job Act. Today and tomorrow, though, […]
Big Changes for Bonus Depreciation
Bonus depreciation is changing in a big way, so it might be time to figure out how you take advantage of the new laws. January 17, 2018 By: Diane Kennedy, CPA USTaxAid.com The 2018 Tax Cuts and Job Act has three important differences regarding bonus depreciation: 1. The bonus depreciation will temporarily be 100%! 2. In order […]
C Corporation Changes in the New Tax Plan
Major changes are afoot in the new tax plan for C Corporations, but it’s important to think ahead before making any hasty decisions. January 12, 2018 By: Diane Kennedy, CPA USTaxAid.com By now, you’ve probably heard that the 2018 Tax Cuts and Jobs Act is rolling back the maximum C corporation rate to 21%. That, […]
