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4% Corporate Tax Rate for Businesses

BuildYourFirm

What business owner would not be interested in a 4% corporate tax rate, zero capital gains, and zero dividends tax? Puerto Rico has been willing to supply a lucrative tax incentives because it needs money from business owners and investors here in the US.

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What Might Be Ahead as Many Tax Provisions are Scheduled to Expire?

RogerRossmeisl

A new political landscape in Washington could also mean other tax law changes. Corporate vs. individual taxes The TCJA cut the maximum corporate tax rate from 35% to. The post What Might Be Ahead as Many Tax Provisions are Scheduled to Expire? appeared first on Roger Rossmeisl, CPA.

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Los Angeles-Based CPA Firm Receives High Praise from Accounting Today

KROST

KROST is a full-service certified public accounting and consulting firm serving clients across various industries in the areas of tax , accounting , consulting, assurance and advisory , M&A and capital markets , corporate tax incentives , and wealth management. See all KROST services: KROSTCPAs.com/services.

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10 Facts About the Pass-Through Deduction for Qualified Business Income

RogerRossmeisl

It’s available to owners of sole proprietorships, single member limited liability companies (LLCs), partnerships and S corporations. The deduction is intended to reduce the tax rate on QBI to a rate that’s closer to the corporate tax rate. It may also be claimed by trusts and estates. It’s taken “below the line.”

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QBI Deduction Basics and Year-End Tax Tip

RogerRossmeisl

The QBI deduction: Is available to owners of sole proprietorships, single member limited liability companies (LLCs), partnerships, and S corporations, as well as trusts and estates. Is intended to reduce the tax rate on QBI to a rate that’s closer to the corporate tax rate. Is taken “below the line.”

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Sidney Kess, Tax Attorney and Author, Has Died at Age 97

CPA Practice

He was tireless—and successful—in his commitment to making the accounting profession better for all of us,” said Gail Perry, CPA, editor-in-chief of CPA Practice Advisor. Robert Keebler, a partner at Green Bay, WI-based CPA firm Keebler and Associates, called Kess “a wonderful man and one of the visionaries of the profession.” “Sid

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How to improve your tax research process

ThomsonReuters

As a tax and accounting professional, you understand tax research and staying current with new developments can be time-consuming, especially in todays ever-changing legislative and regulatory environment. For some practitioners, Google which is quick, easy to use, and free has become the go-to resource in their tax research toolbox.

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