Posts Tagged "BUSINESS DEDUCTION"
2017 TAX REFORM BUSINESS LAW CHANGE HIGHLIGHTS
2017 TAX REFORM CHANGES AFFECTING BUSINESSES Overview of TCJA Changes Affecting Businesses For businesses, highlights of the TCJA include: (1) an increase in amounts that may be expensed under bonus depreciation and Section 179; (2) a 21 percent flat corporate tax rate; (3) a new business deduction for sole proprietorships and pass-through entities; and (4) […]
