Tax Reform Bringing Changes to Business Tax Planning

Tax Reform Bringing Changes to Business Tax Planning

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Like, the companies depicted in this Wall Street Journal article titled “The Tax Law, Just One Month Old, Is Roaring Through U.S. Companies”, our clients are looking to adjust their business plans to take advantage of the recent 2017 Tax Cuts and Jobs Act.

It appears that the tax act could be a boon for the US economy overall as companies make plans for new capital investment in jobs and facilities in the US instead of offshore.

 

Access the full article.

 

Questions on how the Tax Cuts and Jobs Act may affect your business? Please contact your Keiter representative or Email | Phone: 804.747.0000. We are here to help.

Source: Wall Street Journal


The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


About the Author

Mike works closely with his clients to identify tax planning and savings opportunities specific to their business and industry. His clients include closely-held businesses in the real estate, home building, manufacturing, construction, retail and wholesale industries. He also serves many estates, trusts and foundations. Read more of Mike’s insights on our blog.

More Insights from Michael Gracik, Jr., CPA

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