4 Tax Reform Changes to Watch
With more than 150 tax provisions changed by the Tax Cuts and Jobs Act (TCJA), there were bound to be questions. Since the Act's release, the IRS published guidance for several key areas of the new law. This article covers clarifications that could affect your tax planning in the areas of Client Meals Tax Deductions, Qualified Opportunity Zones, Qualified Business Income Deductions and Deferral Election for Stock Compensation.
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