How Optimistic Should You Be This Tax Season? Ask Your Accounting Firm

The 2019 tax season marks the first time your small Nashville business will file returns under the reforms instituted through the Tax Cuts and Jobs Act of 2017. This means you could enjoy higher deductions or savings, given the new federal tax provisions.

Such provisions have given many small-scale entrepreneurs cause for optimism. In fact, 83% believe the tax reforms will have a positive impact on their businesses, according to a survey of 2,700 small business owners conducted last year. Owners also said they will funnel their savings towards business growth.

But how bullish should you be with your own business moving forward? To help deal with the situation, your trusted accounting firm will have to break down how much you can recoup in tax savings this year thanks to the nationwide reforms, and help you assess your finances to make decisions for the future.

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