363: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions
Main Street Business
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The Small Business Tax Cuts and Jobs Act
Small business deduction from tax cuts and jobs act still around one 99. Individual rates not adjusted, except for those making like ten million or more a year. One perk is the state and local income tax deduction. That was restricted to a tenth thousand dollars a year; now that cap has been moved up to 70.
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