Your 2017 Tax Return May Be Your Last Chance to Take the “Manufacturers’ Deduction”

2017-tax-return-may-be-your-last-chance-to-take-the-manufacturers-deduction

While many provisions of the Tax Cuts and Jobs Act (TCJA) save businesses tax, the new law also reduces or eliminates some tax breaks for businesses. One of these breaks being eliminated is the Section 199 deduction, commonly referred to as the “manufacturers’ deduction.” When it’s available, this potentially valuable tax break can be claimed […]