In 2019 you won't be able to take itemized deductions, no mortgage deductions over $500K and no Student Loan Deductions and after your bottom line is figured, you'll get 20%, in this case only $200K.
It's pretty easy to figure out, we need to talk long before 2019 so we can capture 38% instead of 20%!
Actually, the above chart is for everybody but I wanted to get this out to my auto dealership clients and prospects because you'll see that by the chart below, they make up the largest part of our clientele.
Regardless of what industry you are in, you will be impacted by this latest tax bill. Don't wait. Get the facts now. Contact me and my team by clicking on any image below. I look forward to serving you soon!
Terry (Ter) Scott
GMG Senior Advisor
And, we don't only work with auto dealerships, but many industries:
Are you earning up to $9600 per WOTC credits per hire?
If not, you should be. CLICK HERE.
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