mraikes
Well-Known Member
- Reaction score
- 1,856
- Location
- Los Lunas, NM
Big tax changes for most of us (small business folks) in the US. Some of you may have had the 20% automatic deduction from net income on your radar, but there are other positive changes too.
Here's an overview aimed at Realtors (my other life) but a lot of the info applies to any small business formed as pass-through entities (Sole proprietor, LLC, ect.). If your business income flows through to your personal tax forms, this is should be of interest to you.:
https://www.nar.realtor/taxes/what-realtors-need-to-know-about-the-new-tax-law
Here's an overview aimed at Realtors (my other life) but a lot of the info applies to any small business formed as pass-through entities (Sole proprietor, LLC, ect.). If your business income flows through to your personal tax forms, this is should be of interest to you.:
https://www.nar.realtor/taxes/what-realtors-need-to-know-about-the-new-tax-law
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