How the New Tax Law Affects Your Small Business (INFOGRAPHIC)

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According to recent data, the newly passed Tax Cuts and Job Act does contain provisions small businesses can take advantage of with some strategic planning. This is what a new infographic by Micah Fraim, CPA reveals.

Congress passed the $1.5 trillion tax bill with temporary tax cuts for individuals and permanent tax breaks for corporations in November 2018. But businesses will be impacted differently according to size, income, industry and a number of other conditions.

Read the source article at Small Business News, Tips, Advice

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