Tax Code Changes
Tax code changes underway could allow small businesses to use tax benefits available only to large corporations in the past. Small businesses will not be entitled to the all of the benefits as large corporations. It is important for a small business owner to know how to benefit from these tax code changes. Small to medium-sized companies with annual gross receipts between $60,000 to $300,000 are the companies poised to reap the largest benefits.
Research
While companies are recognized primarily by the state you live in, the IRS recognizes them by the forms they file. Therefore it is extremely important that you are in a position to take advantage of these tax changes before it is too late. You cannot make changes at the end of the year to take advantage of the current tax year laws. It is extremely important that you reach out, get information, do your research and talk to companies like ours that specialize in business development.
Call an Enrolled Agent
If you have any questions about these new changes we will put you in direct contact with an Enrolled Agent. An Enrolled Agent is a Tax Professional with the highest credential the IRS awards. Individuals who obtain this elite status must adhere to ethical standards and are licensed by the United States Department of Treasury.
For more information please feel free to call us at 561-293-3135. We serve all 50 states and territories of the United States. For more information Contact Us.
