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Tax season is upon us!
Are you wondering how the new tax law will impact your 2018 tax return? If so, you’re in good company. Our clients have had a lot of questions about their taxes this year.
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In this special Q&A episode, we share the answers to our clients’ top questions. Tune in to catch our answers and become more prepared for tax season.
Here are the questions we answer in this episode: How will the new Tax Law changes affect tax filing for pass through entities? What is the best process for purchasing a car for business use: buy it personally, or buy it through the business? When is a primary residence considered a rental for tax purposes? Under the new tax law, will we receive a considerable hit and lose personal exemptions? How does the backdoor ROTH IRA work? Do I have to pay federal and state income taxes on an inheritance? Are IRA Management Fees deductible on my taxes? Can I use my IRA for major medical expenses without tax implications?