10 Business Tax Breaks That Went Away in 2018 Returns

10 Business Tax Breaks That Went Away in 2018 Returns  - https://smallbiztrends.com Avatar Posted by stillwagon428 under Taxes
From https://smallbiztrends.com 2093 days ago
Made Hot by: leonesimmy on August 7, 2018 12:59 pm
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 investments. But it also ended—permanently or temporarily—the ability to claim certain write-offs that businesses have come to know and love.





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