With so many sweeping changes in the new tax law, you may be wondering how, if at all, this will effect your business. If you have insights into this, share it with the community. Please, no political messages or rants, they will be removed.
This is a huge topic and while I'm no tax professional (sometimes I can barely manage my own numbers) but everyone please consult a responsible professional for your business. Now that changes are occurring/have occurred it is especially important to stay on top of business tax matters.
I'm not going to get into the good and the bad as that is up to interpretation. Some things I'll miss are the deductions for entertaining clients and charitable donations. I tend to be very entertaining and charitable.
roy darling *my posts seem a lot shorter in my head