business losses – The Burns Firm – Advisors of Complex Financial Matters

The TCJA Changes Some Rules for Deducting Pass-through Business Losses

June 5th, 2018|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: 2018 tax planning, Assets, business, business losses, business tax, business taxes, expense, Loss, pass-through losses, Planning, tax, TCJA, The Burns Firm|

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs [...]