What Changes to Tax Laws do Business Owners Need to Know?
We saw a lot of changes last year with the Tax Cuts and Jobs Act (TCJA) and right about a year ago now, we had all new laws that the IRS had to implement.
“Some of those changes are still being felt this year,” says Ben DiGirolamo, principal at HBK.
In this installment of Expertise Coordinated, DiGirolamo talks about the substantial changes that affect how partnership returns are prepared.
“Anybody in business who runs their business through a partnership, they should be talking to their accountant about whether or not they have the information they’re going to need so they can comply with these new reporting requirements for 2019” DiGirolamo says.
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