OffBeat Business Show Host Susan Hamilton talks with Jeff Beckley, former 2018 Plano Chamber Board Chair, public policy expert, owner of BeckleyCPA.com.
Most people are relatively unaware of how the changes impact them; Jeff explains the details of the Tax Cuts and Jobs Act. Follow BeckleyCPA on Facebook, @thetaxxman on Twitter, and Beckley - CPA on Linkedin.
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Recorded at Camera Ready Studios in Farmer's Branch
Videography / Audio by Bill Brock, CPO OBBM
Voice Talent by MelanieMurphyVO.com
Music by Danny Skinner, DannySkinner.com
CEO, Host, and Program Direction, Susan Hamilton
as a CPA you're understanding what's gone on in recent legislation and you've got a video on your website
01:23 Tax Cuts and Jobs Act was passed last December with NBC 5 DFW, and we talked about the tax cuts, some of the early indicators of what was changed
01:33 and how that's going to affect individual and small business or family business owners. you've got an insight that a lot of people don't
01:47 position with the Plano Chamber over the last year. so the last year I've been the Plano Chamber Board Chair.
01:56 The Plano Chamber was nominated and elected the the chamber of the year for 2018 for North America being the chair of the Plano Chamber I've been exposed to a lot
02:07 of the public policy discussions here especially as it affects business owners
02:19 I've been listening to the Texas Policy Foundation
03:02 looking at what expansion looks like with their business it's time to start
03:08 about employment and and business growth so what are some of the key takeaways
03:37 family business owners also got a nice tax
03:39 break there's actually code section 199 it's called the qualified business
03:43 income deduction and in my experience a
03:46 lot of family businesses are relatively unaware of the the tax opportunities tax
03:54 savings opportunity