TASVC Tax Services

To incorporate or not

To Incorporate Or Not To Incorporate: Breaking Down Your Options Under The New Tax Law Most provisions of the new tax reform act kicked in beginning January 1, 2018. Taxpayers and tax professionals alike have been mulling what the provisions of the new law might mean - and how to be best get around them. Tops in the minds of many taxpayers: Should I incorporate now to save on taxes?

Standard Mileage Rates for 2018 Up from Rates for 2017 | Internal Revenue Service IR-2017-204, Dec. 14, 2017 ― The Internal Revenue Service today issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.