New and potential business owners should take care when selecting their business entity. How you and your business will be taxed is wholly dependent on the entity you select.
Tag: taxation
A Refresher on Major Tax Law Changes for Small-Business Owners
With the biggest tax law changes in decades — under the Tax Cuts and Jobs Act (TCJA) — generally going into effect beginning in 2018, most businesses and their owners will be significantly impacted. So, refreshing yourself on the major changes is a good idea.