Biggest federal tax law overhaul in 31 years impacts businesses and individuals.
The Bipartisan Budget Act of 2018 retroactively extends for one year (to 2017) a set of tax provisions known as “extenders” and contains other tax-related provisions.
The higher standard deduction will reduce the tax benefit of donations for many taxpayers. "Bunching" charitable gifts may be the solution.
If you own a business or are self-employed, the answer may be "yes"!