Whatever your business’s situation, taking full advantage of available tax breaks for small businesses — including temporary relief in response to the crisis — is critical.
Tag: pass-through business
National Small Business Week: 3 Tax Breaks for Small Businesses
This week is National Small Business Week! To commemorate the week, here are three tax breaks for small businesses to consider.
Big Changes for Pass-Through Entities
One of the most talked-about and Jobs Act is the 20 percent deduction on pass-through income from sole proprietorships, partnerships, S corporations, and LLCs. Because so many construction-related businesses are organized as pass-through entities, many contractors have greeted this provision with understandable enthusiasm.