Demetrius J. Karos, Ltd. Tax Representation From A Former IRS Employee

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July 2019 Archives

How the TCJA affected self-employment taxes

If you started a business in 2019, you probably heard that you wouldn't get many tax breaks because of the 2017 Tax Cuts and Jobs Act. While some self-employment deductions have gone away, some only temporarily, you still have others you can take advantage of when you file your taxes.

Using an LLC as an estate planning device

When people think of setting up a limited liability corporation, or LLC, it is usually for business reasons. For example, a businessperson may like the idea of having some degree of legal protection like what an LLC offers. Moreover, an LLC also offers important tax benefits to businesses.

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