Business travel is still tax-deductible, under the Tax Cuts and Jobs Act of 2017 (TCJA), but there is a major difference now. Relatively few individuals will be able to claim such deductions; for the most part, deductions can be taken only at the company level. How is this different from prior law? Before the TCJARead more about New Rules for Business Travel Deductions[…]
Month: June 2019
Mid-Year Tax Planning
Year-end tax planning is on the agenda for many taxpayers, with good reason. That said, you don’t have to wait for November or December to make some smart moves. Planning in June or July can lead to tax savings that could be reduced or lost altogether if you wait for late fall to act. HereRead more about Mid-Year Tax Planning[…]