Ask HN: How did Trump tax cuts impact contractors?

Posted by caseyf7 on Tuesday April 16, 2019 @01:53AM
from the ask-hn dept.

Did the tax changes make a positive or negative impact on US contractors last year? Should employees consider converting to contractors? Any tips or loopholes you learned about the tax changes?

( 1 comment | on HN )

Re:Ask HN: How did Trump tax cuts impact contractors? by Simulacrum0 on Tuesday April 16, 2019 @09:47AM (#19673529)

Tax changes triggered a strong, negative impact here in CT., USA as it capped deductions from State Income Tax and Mortgage ( which covers my home office ). I hope lowering the corporate tax rate produces GDP growth, but that will take time to assess.

[ Parent | on HN ]