Business Leaders: Make Moves Now to Take Full Advantage of Tax Reform
By: David McGuire— With all eyes on tax reform and a final bill that now seems imminent, businesses should begin focusing their attention on 2017 tax returns. With so many sweeping changes ahead, several strategies exist to realize the maximum tax benefit from the current system and its likely evolution. First, let’s look at what we know. Under both the House and Senate bills, corporate tax rates dropped to 20 percent, with the latest reports signaling a corporate rate of 21 percent…
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