The new tax plan is in effect and people are asking how they can take advantage of the deductions. Today I dive into the details of the new tax code.
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Summary: The new tax plan is all people seem to be talking about. Unfortunately the new tax plan is far from the simplified one I hoped for, but it does include several (unnecessary) cuts and changes that many are beginning to ask about. Small business owners especially are having a rough time digesting the new tax plan as they try to get the new business tax credit. Today I explain the new tax code, who is affected the most and how to use it to your advantage.