Lowering one’s income has often been a reliable way to lower your tax liability. The 20% tax reduction on qualified business income, courtesy of the We have identified five strategies that may help lessen your liability.(TCJA), phases out at certain income levels. Now that the controversy accompanying the Tax Cuts and Jobs Act (TCJA) has subsided, a new opportunity for so-called “pass-through” business has become available.
To see the full article click here. To speak with us about tax-minimization ideas, please contact our Client Service Coordinator Susan at Susan / 845-627-8300. She will be happy to set up a convenient time so we can help.