Tag: Business Tax


5 Business Tax Breaks for Disasters

October 15, 2018

Via: Small Business Trends

When disaster strikes, the IRS may give businesses more time to meet certain tax responsibilities. For example, following Hurricane Florence the IRS announced relief for victims of that disaster: Businesses with extensions (e.g., calendar-year partnerships and S corporations whose 2017 […]


10 Business Tax Breaks Gone from 2018 Returns

August 2, 2018

Via: Small Business Trends

The Tax Cuts and Jobs Act made many favorable changes for businesses, including a lower corporate tax rate, a new 20% business income deduction for owners of pass-through entities, and favorable rules for writing off the cost of certain property […]