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Law in the Marketplace: Talking qualified business income deduction tax

Like it or not, we’re now deep in the heart of tax time. As you may know, Internal Revenue Code Section 199A provides to most owners of New Hampshire businesses a 20% annual federal income tax deduction from their shares of the income of their. ....

New Hampshire , United States , John Cunningham , Mclane Middleton , Internal Revenue Code Section , New Hampshire Business Profits Tax ,

Law in the Marketplace: Taxation — Sole proprietorships vs. single-member LLCs

Many thousands of New Hampshire individuals who own single-owner businesses conduct their businesses as sole proprietorships; that is, they don’t use LLCs or other state-law entities to conduct them. All of these individuals owe it to themselves to. ....

New Hampshire , United States , John Cunningham , Mary Jones , Mclane Middleton , Internal Revenue Code Section , Social Security Taxes , Social Security Tax , Social Security , New Hampshire Business Profits Tax , New Hampshire Business Enterprise Tax , New Hampshire Interest , Dividends Tax ,