Tag Archives: tax reform

Tax Reform Business 2017_12

The Act lowers the corporate tax rate to a flat 21% and repeals the corporate AMT. Most small to medium corporations are permitted to use the cash method of accounting. Taxpayers with domestic income from┬ápass-throughs, partnerships, S corporations, or sole … Continue reading

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Tax Reform Individuals 2017_12

Tax Reform — the Tax Cuts and Jobs Act (the Act), is effective in 2018 with a few exceptions. In this article, Wis explains some key provisions and makes a few suggestions to save taxes this year and next year. … Continue reading

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