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Form Instructions 2553 for Orlando Florida: What You Should Know

July 20, 2024 — Today, Bloomberg has an article about the tax overhaul, stating that the  Aug 16, 2024 — The Tax Reform bill, the Tax Cuts and Jobs Act, is almost here. Read on for how to prepare for the tax changes that could affect you — and who's most affected by the tax cuts. —  Aug 16, 2024 — Today, U.S. Sen. Tom Cotton, R-Ark., issued a letter urging lawmakers to support the Tax Cuts and Jobs Act. The law would permanently lower rates for individuals and corporations. “When the President signs the Act into law, as President I will sign it along with the tax cuts that will help to stimulate our economy to make America more competitive, so we can compete on a level playing field,” Cotton said. “We have a great opportunity to lower your taxes and unleash our economy.”  — —  Sep 9, 2024 — An American entrepreneur with a small business that can't afford to pay an accountant is using a form 2553 to run his business like a corporation in an effort to avoid taxes on his income, the National Taxpayer Advocate has ruled.

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