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New Tax Law: How Business Owners Can Reap the Benefits

By JOHN BLAKE, CPA

January 4, 2019

Business owners who already bought equipment in 2018 can benefit this year, while others can start planning ahead for their expenditures for the remainder of this year, said John Blake, CPA and partner with Klatzkin & Company, a Hamilton, N.J.-based accounting and advisory firm.

“Placing the asset in service will help save the business owner some tax dollars,” he said. “The Tax Cuts and Jobs Act has made many changes to the tax code that will affect business owners.”

Quoted, ReachFurther – January 21, 2019

About the Author

John focuses on helping with the tax needs of real estate, technology and manufacturing, distribution, and wholesale companies. He works with management and business owners to review their business plan, tax planning process, identify additional saving opportunities, and ensure compliance and reporting deadlines are met. Also, John helps educate clients about the new opportunities available...

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