Why Your Business Tax Return May Look Different in 2018

Taxes and tax laws may seem like a moving target as we move into tax preparation season. Once you get them down and file accordingly, the laws change and you have to adjust your plan. And that will once again be the case with the recent Tax Cuts and Jobs Act (Sec. 199A), which is the first major tax reform in over 30 years. Learn about the deduction conundrum and how to treat business income that’s passed on to you as an individual.