Tag Archives: new tax law
Self-Employment Deductions Under the New Tax Law
The new Tax Cuts and Jobs Act, which went into effect on Jan. 1, has sent an unambiguous message that the current GOP-dominated Congress and Presidential Administration are decidedly pro-business. Fortunately, they included provisions in the new legislation that enhance … Continue reading
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Also tagged business owner, Home Office, Home Office Deduction, self-employed, sole proprietor, Tax Cuts and Jobs Act, tax law
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High-Tax States Scheming to Offset New Tax Law Impact
The new GOP tax law places high income and property tax states at a distinct disadvantage. Before the new tax bill, any and all state and local taxes (commonly referred to as SALT) could be taken as itemized deductions without … Continue reading
Posted in News & Articles
Also tagged Andrew Cuomo, business, Cuomo, GOP, GOP tax law, IRS, salt deductions, tax law
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