In 2019, Americans around the world began filing their taxes under the new Tax Cuts and Jobs Act. Some tax breaks have been eliminated or capped, while others have been expanded or introduced.
The complexity of the tax code generates a lot of folklore and misinformation that could lead to costly mistakes such as penalties for failing to file on time or, on the flip side, not taking advantage of deductions you are legally entitled to take and giving the IRS more money than you need to. With this in mind, let's take a look at seven common small business tax myths.
Providing tax benefits to investors who invest eligible capital into distressed communities throughout the U.S. and its possessions, Qualified Opportunity Zones (QOZs) were created under the Tax Cuts and Jobs Act of 2017 to spur economic development and job creation. If you're considering investing in a QOZ, here are five facts you should know:
Today, we would like to give a special congratulations to Colleen Foti, one of the founders of A.A.L.I.V.E., and the recipient of the first annual Andy's Way Award on behalf of the Delaware County Advocacy & Resource Organization.
“ As a client of the CPA firm for twelve plus years, Brinker, Simpson & Company, L.L.C. has continued to extend its services to me on both a personal and professional level as my companies have grown. Brinker, Simpson & Company, L.L.C. provides the expertise of a large accounting firm but hasn’t forgotten its small business roots. ”— President of a multi-location Property/Casualty Insurance Agency
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