The recently passed Tax Cuts and Jobs Bill is going to affect everyone, from individual taxpayers to business owners. Will the new tax law bring benefits? Where can you get secure and affordable business funding? Just read this article and you’ll know.
New Tax Law: Need Business Funding for Your Company?
President Donald Trump signed the American Tax Cuts and Jobs Act in December. According to Republicans, the tax law would result in economic growth. Democrats think it favors large corporations and wealthy individuals, which can’t be said about small businesses and individuals with lower income.
6 months ago, President Trump said that his sweeping tax reform would “bring back Main Street” by cutting down taxes on small businesses. The bill is associated with some of the most drastic changes made to personal and business income taxes in decades.
Rob Hassett, an attorney at Business Law Partners, notes that small … Read more