How Trump’s Tax Law Is Creating Clear Winners and Losers | WSJ
7:32
YouTubeThe Wall Street Journal
How Trump’s Tax Law Is Creating Clear Winners and Losers | WSJ
President Trump had a significant victory this summer with the passing of his “big, beautiful bill.” The new law extended tax cuts expiring at the end of this year, created new deductions for overtime pay and tipped workers and more. But how has Trump’s megabill impacted small businesses? WSJ’s tax reporter Richard Rubin visits two ...
400.8K views3 weeks ago
Itemized deduction Tax Tips
Understanding Tax Deductions: Itemized vs. Standard Deduction
Understanding Tax Deductions: Itemized vs. Standard Deduction
investopedia.com
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How To Reduce Your Tax Bill With Itemized Deductions | Bench Accounting
How To Reduce Your Tax Bill With Itemized Deductions | Bench Accounting
bench.co
Nov 19, 2024
Owning your vehicle personally vs. in your LLC does NOT determine your tax deduction. Your write-off is based on business use percentage, not whose name is on the title. That said, if you want your LLC to own the vehicle for legal or operational reasons, it can be done. Make sure you understand the mechanics of how to do it correctly and be sure to track your car costs and mileage to ensure you are maximizing your car write-offs. If you want to learn strategies for saving thousands through real
0:11
Owning your vehicle personally vs. in your LLC does NOT determine your tax deduction. Your write-off is based on business use percentage, not whose name is on the title. That said, if you want your LLC to own the vehicle for legal or operational reasons, it can be done. Make sure you understand the mechanics of how to do it correctly and be sure to track your car costs and mileage to ensure you are maximizing your car write-offs. If you want to learn strategies for saving thousands through real
FacebookAmanda Han
97K views1 week ago
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