Startup Newsletter June 2017
What President Trump’s Proposed Tax Cuts Mean to Startups and Entrepreneurs
While taxes aren’t always the most popular topic of discussion, especially among startup companies and entrepreneurs, they have certainly been a hot topic since the presidential inauguration back in January.
While no legislative action has taken place just yet around taxes, President Trump recently unveiled his tax reform outline, and much speculation has ensued. The outline calls for dramatic tax cuts and simplification, but it’s important to understand this is just a proposal and no changes are effective yet. Although preliminary, there are a few key aspects of the President’s proposal that could impact startup companies and entrepreneurs.