The new tax reform law — commonly referred to as the “Tax Cuts and Jobs Act” — is the most significant tax legislation in decades.
Tax Reform Bill Overview
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Business Tax
Tax Reform – Standard Deduction Changes
The new tax reform law is the most significant tax legislation in decades.
2018 Tax Reform Seminar
Smith Schafer tax professional and principal, Jill Rock, presented a free educational tax reform seminar at the Rochester Golf and Country Club.
Book and Tax Depreciation Presentation
Our Smith Schafer Principal, John Edson, spoke at BankCherokee’s North Oaks Branch location this week to discuss the topic of Book Vs. Tax Depreciation.
New Limit on Deductions for Business Interest Expense
The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense.
South Dakota v. Wayfair: Online Sales Tax Decision
In the recent landmark South Dakota v. Wayfair, Inc. case, the U.S. Supreme Court struck down the physical presence nexus standard established in the 1992 decision Quill Corp. v. North Dakota.