Tax laws

How New Tax Laws Will Affect Small Law Firms

Understanding the new tax law is daunting. There have been changes at the individual and corporate level. We heard about the elimination of the personal exemption and the elimination or reduction of many popular itemized deductions such as mortgage interest and state and local taxes. But there have also been some changes in the way […]

Tax laws

9 Ways New Tax Laws Are Affecting Millennials

The Tax Cuts and Jobs Act (TCJA) of 2017 generated significant buzz as tax experts speculated about how the average American’s tax bill was affected. Some of the most significant changes relate to tax deductions and credits that could have a significant impact on the younger generation of taxpayers. For millennials, the latest round of […]