While filing season won’t arrive until the new year you may want to act quickly to take advantage of the provisions of a sweeping tax law that was passed in 2017. There are steps you may need to take right now at year’s end to attain the biggest benefit.
At the beginning of 2018 many independent contractors as well as small business owners could get a 20% federal tax deduction on their business income. Chances are you did not know that as you prepare to file in the spring of 2019.
Could you use some extra money early next year? I’m sure that we all could. Why not give Las Vegas CPA and business tax preparer Michael Mathews a call? He will sort out the tax breaks that you may have coming to you. Michael’s office is located at Desert Shores in Northwest Las Vegas. Just call for an appointment and learn more at (702) 240-5237.