Changes Affecting Businesses Corporation income tax rates (for C Corporations) have also been graduated in the past, going from 4% to 6%. This graduated system has been replaced by a flat tax of 5%. For…Read More
I had indicated in an earlier blog post that the provisions of this new law for small business owners are anything but simple. There are numerous provisions, most of which will be beneficial, but only if…Read More
General Overview This multifaceted legislation was passed by Congress during the week prior to Christmas, 2017. While there have been tax bills of some type virtually every year, this bill is the most comprehensive in…Read More
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