Archive for December 2017

The ‘Tax Cuts & Jobs Act’ Bill The ‘Tax Cuts and Jobs Act’ bill has been passed by the House and the Senate and signed into law by President Trump.  The new tax law contains many changes, but it will not take effect until year 2018. While corporations will be taxed at a flat 21%…

While uncertainty remains about the timing of tax reform legislation, your business tax planning needs to move forward as we approach the end of 2017. As you consider the following tax planning moves for your business, keep in mind that most of them require you to be a taxpayer using the cash basis of reporting. Project…