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The Commercial Association of REALTORS Wisconsin

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Changes to the U.S. Tax Code Can Save Independent Contractors

December 22, 2018 by Amanda Hoffman

Access and Share Tutorials on 20% Deduction, Other Tax Law Changes

Changes to the U.S. Tax Code that potentially can save you thousands of dollars were enacted last year as part of the Tax Cuts & Jobs Act. The changes include a new deduction available to independent contractors or sole proprietors for reducing tax liability by 20 percent. How to take this deduction and apply other changes in the law are discussed in a series of video tutorials released by NAR (National Association of REALTORS) last month. The tutorials are timely now that the year is winding down and final 2018 tax filings need to be submitted to the IRS.

 

https://www.facebook.com/NARdotRealtor/videos/198743741062583/

 

To view all the videos, visit:Ā https://www.youtube.com/playlist?list=PLJ8nxcZniP60ABkgMUgxCyZtHxNbGWowG

Filed Under: Advocacy

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