This blog continues the list of 14 areas of the TCJA that are open to interpretation according to Mark A. Luscombe, CPA, JD, LLM, whose article identifying these issues was recently published in Accounting Today. 

The areas covered in this blog are all business tax issues and include the deduction of business interest, expensing of business assets, moving, mileage and travel expenses, financial statement and tax conformity and blended corporate tax rate.

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If you have any questions about how the TCJA affects your business or individual tax planning, call your tax consultant at Sharrard, McGee & Co., PA at (336) 884-0410 in High Point or (336) 272-9777 in Greensboro.