Author: jeffrey.hild@duganlopatka.com
Every person engaged in a trade or business needs to prepare what is known as an information return, or Form 1099, each year they make payments to another person.
If you are a small business owner filing your taxes as a sole proprietor, or you own a C-corporation, understanding flow through entity is important.
Dugan & Lopatka offers a handy table to assist in ascertaining additional limitations on the deductibility of certain business meals and entertainment expenses since the passing of the Tax Cuts & Jobs Act (TCJA) of 2017.