Reported about 22 hours ago
President Trump's tax overhaul introduces significant changes that high earners and business owners can strategically leverage. Experts recommend expanding businesses using Section 179 upgrades, maximizing SALT deductions, investing in real estate for potential passive loss benefits, utilizing Qualified Small Business Stock (QSBS) rules for tax-free exits, and claiming up to $15 million in tax-free gains for eligible investors. Taking advantage of these new provisions can lead to substantial federal savings and opportunities for growth.
Source: YAHOO