One big way to play the new tax law: Start an LLC

Posted: January 2, 2019/Under: TAX NEWS / UPDATES/By: Mary L. Miller, E.A.

Small businesses may be able to snag a 20 percent deduction.

You may get this break if your taxable income is below $157,500 if single or $315,000 if married.

Entrepreneurs may push the envelope on the new tax law to maximize savings.