The Tax Law is ever-changing and fluid and the 2020 tax year is no exception.
This class will go over what type of corporation are you? This is how it is taxed whether a corporation or pass through.
We will do standard definitions between income, tax credits and deductions.
We will cover the: R&D Tax Credit, Depreciation for capital expenses, Deducting and documenting your expenses, and the simplification Rules for small businesses that were released.
I will edit this more but ever since the Tax Cuts and Jobs Act in 2017 it has never been a better time since the 16th Amendment was passed to be an entrepreneur.
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