Looking Back: Important Tax Changes for Businesses in 2019

With tax season getting ready to kick into high gear, it’s important to remember how much has changed for businesses since the Tax Cuts and Jobs Act (TCJA) was passed in late 2017.  You may remember that the new tax law opened up tax saving opportunities for many businesses–like the new 100 percent first-year bonus … Continued →

Year-End Tax Planning for Professional Services Firms

Professional services firms are unique businesses. Whereas a manufacturer or retailer sells goods and products, professional services sells knowledge, expertise, and the trust of its people. Ownership structures can vary, too – while many are partnerships, some are C-Corps, S-Corps, LLCs, and sole proprietors. As such, they often have unique tax implications. Naden/Lean routinely advises … Continued →