Key TakeawaysWCG’s 2019 Edition book covers LLCs, S Corps, Section 199A deductions, meals and entertainment rules, and other smal...

Key TakeawaysThe Section 199A deduction from the 2017 Tax Cuts and Jobs Act provides a tax break for business owners, including S...

Key TakeawaysSection 179 makes buying business vehicles tax-friendly with deductions for equipment and vehicles, including 100% B...

WCG (formerly Watson CPA Group) employs both Certified Public Accountants and Enrolled Agents. We get the “what is the difference betwe...

Key TakeawaysThe U.S. is experiencing record wealth and low unemployment, but income growth is heavily skewed toward the top 1%. ...

Key TakeawaysSection 199A deduction, introduced by the 2017 Tax Cuts and Jobs Act, can be complex to calculate and optimize. D...

Key TakeawaysAdding a spouse to payroll can make sense, but it comes with additional payroll taxes and other considerations. R...

Key TakeawaysYour tax home is generally where you work most and where your main business or job is located; commuting to it is no...

Key TakeawaysThe Joint Committee on Taxation (JCT) combines input from the House Ways and Means Committee and the Senate Finance ...