Monthly Archives: August 2018

Choosing the Best Business Entity Structure Post-TCJA

By |2018-08-22T14:58:38-05:00August 22nd, 2018|Advisory, Change, Tax, Tax Planning, Tax Reform|

For tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal income tax rate for C corporations. Under prior law, C corporations were taxed at rates as high as 35%. The TCJA also reduced individual income tax rates, which apply to sole proprietorships and pass-through entities, [...]

The Tax Cuts and Jobs Act Changes Some Rules for Deducting Pass-Through Business Losses

By |2018-08-24T13:55:12-05:00August 22nd, 2018|Accounting, Change, Preparation, Tax, Tax Reform|

It’s not uncommon for businesses to sometimes generate tax losses. But the losses that can be deducted are limited by tax law in some situations. The Tax Cuts and Jobs Act (TCJA) further restricts the amount of losses that sole proprietors, partners, S corporation shareholders and, typically, limited liability company (LLC) members can currently deduct [...]

Tax Provisions That May Affect Small Businesses

By |2018-08-14T15:39:40-05:00August 14th, 2018|Change, Tax, Tax Planning, Tax Reform|

Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s a good time to review some of the provisions of the Tax Cuts and Jobs Act that may significantly impact their taxes for 2018 and beyond. Generally, these changes apply to tax years beginning after [...]

TDT Named a 2018 IPA Top 300 Firm

By |2018-08-13T15:35:20-05:00August 13th, 2018|Accounting, Leader, TDT|

INSIDE Public Accounting has recently published its list of Top 300 public accounting firms based on an annual financial performance analysis. We are pleased to announce that TDT CPAs and Advisors, P.C. (www.tdtpc.com) has been named an IPA Top 300 Firm, again! “We are proud of our growth and accomplishments over the last year,” said Jerry [...]

Our West Des Moines Office is Moving!

By |2018-08-03T15:09:56-05:00August 3rd, 2018|Change, Moving, TDT|

We are eager to share with you that our West Des Moines Office is relocating to a larger office space in West Des Moines. Our West Des Moines staff will begin operating out of their new location on Monday, August 6, 2018. “We pride ourselves on providing superior service to our clients, and moving into a larger office [...]