Tax-Favored QSBC for the COVID-19 Era and Beyond

July 6, 2020

The COVID-19 crisis has taken a toll on many small businesses. But some winners are expected to emerge from the wreckage. Unprecedented steps will be taken to guard against health risks from COVID-19 and whatever might come along next. The new normal will create new opportunities. Small businesses that can respond to those opportunities will survive and thrive.

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New Law, New Limit on Deductions for Business Interest Expense

July 27, 2018
business interest

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on business interest expense deductions.

The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense. This is a permanent change for tax years beginning in 2018 and beyond. Will your business be affected? Here’s what you need to know. Read more