May 2018

  Here’s the updated strategy: deduct your client and business meals as if tax reform never took place.   Wow. Is this aggressive? Not if   the IRS comes out with regulations that follow a model set by the American Institute of CPAs, or the Joint Committee on Taxation...

As you likely know by now, the Tax Cuts and Jobs Act created a 20 percent tax deduction under new tax code Section 199A.   The question for you: Will you reap any benefits from this new deduction?   And the second question: If your qualifying for the 20...