News You Can Use on Tax Reform

News You Can Use on Tax Reform

South Dakota Retailers Association  

Each month, SDRA posts the latest "IRS News for Business" update on the Tax News from the IRS page of our website. Be sure to check out the most recent update, as well as previous issues archived on that page.

Highlights from the November 2018 IRS News for Business include:

  • Racing towards year end: employment tax updates and reminders
  • IRS resources can help small businesses better understand how tax reform affects their bottom line
  • Reduced 24-percent withholding rate applies to small businesses and other payers
  • Tax reform provisions that affect businesses
  • Qualified Business Income Deduction FAQs
  • IRS issues guidance on Tax Cuts and Jobs Act changes on business expense deductions for meals, entertainment
  • New 100-percent depreciation deduction benefits business taxpayers
  • And more
Return to Listing