mconnolly54Jul 3, 20192 minThe home office deduction: Actual expenses vs. the simplified methodIf you run your business from your home or perform certain functions at home that are related to your business, you might be able to...
mconnolly54Jul 3, 20192 minSome of your deductions may be smaller (or nonexistent) when you file your 2018 tax returnWhile the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several...
mconnolly54Jul 3, 20192 minWhen are LLC members subject to self-employment tax?Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for...
mconnolly54Jul 3, 20192 min3 big TCJA changes affecting 2018 individual tax returns and beyondWhen you file your 2018 income tax return, you’ll likely find that some big tax law changes affect you — besides the much-discussed tax...