The New Tax Laws: 15 Things You Need to Know
A sweeping tax overhaul brings lots of good cheer for businesses, ranging from a lower corporate tax rate to big tax savings for asset purchases. But, there are also some deductions that disappear and other breaks that are pared back to offset part of the massive cost of the tax cuts.
After completing this workshop, participants should be aware that the new tax laws may impact:
· New Corporate Tax Rates
· Depreciation on the Purchase of New and Used Equipment
· Special Deduction for Flow-through Entities
· Income Tax Rates - both Corporate & Individual
· Various Expense Deductions - both Corporate & Individual
Workshop Presenter, Joseph Hausenbauer is a SCORE volunteer and has over 20 years of experience as a corporate tax accountant. As a CPA his clients have included Fortune 500 companies as well as over 600 small businesses that he has assisted with accounting and strategic planning.