As of recently, a new tax plan has passed. Submitted by the House Republicans, this tax plan is expected to be one of the most significant overhauls since 1986. As such, you should definitely read more about it and get informed in detail.
According to the Republican party, this tax plan will provide tax savings for the typical family and simplify the taxes for millions of Americans. But what is the actual reality here – and how will this new Republican tax plan stack up for all the SMBs (small business owners)?