Remove 2027 Remove corporation tax Remove tax accountant
article thumbnail

Tax Cuts and Jobs Act Expiration and Its Impact On Tech Founders

Shay CPA

Changes that impact your personal taxes The bulk of TCJA corporate tax provisions aren’t set to expire with the Act at the end of next year. That said, because a founder’s personal finances are often so intertwined with their startup’s, it’s helpful to know how the upcoming adjustments might affect your personal taxes.

Tax 52
article thumbnail

2022 Year-End Tax Planning Checklist

Withum

Contact a member of Withum’s Tax Services Team to start planning as year-end approaches. Year-End Tax Planning for Businesses. The corporate tax rate is currently a flat 21% rate. Expansion of small businesses that are able to use the cash (as opposed to accrual) method of tax accounting.