The new threshold established by the TCJA expands eligibility for small business tax benefits to a greater number of companies.
Tag: tax benefits
Tax Breaks for Business Owners: Hire Your Child This Summer
If you’re a business owner and you hire your child (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits. The kids can gain on-the-job experience, save for college and learn how to manage money.
Lease or Buy Fixed Assets: Which is More Tax Efficient?
When deciding whether to lease or buy a fixed asset, there are a multitude of factors to consider, including tax implications.