The New Tax Law: Freelancers Win on Taxes, Lose on Healthcare
Small Business Labs
JANUARY 2, 2018
That proposed bill tightly limited who could take advantage of the pass-through provision. This deduction, coupled with new, lower tax rates means most freelancers should pay less in Federal taxes in 2018 than they would have under the former tax code. This is a major change from the original House bill. This is not good news.
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