Tax Law: Downsides & Deadlines Every Business MUST Know!

So that's what makes me passionate about this tax law because it affects every every single business. It has to plan this way. It's almost August. You have five more months to plan to see what you can do to lower your tax thing. Uh there is the question that's normally asked and and and many uh from PEX asked me this question. Is there any downside to this? Uh, I'll answer it in very very simple terms. Not all states recognize the new tax laws on the federal basis. New York is not one of them. California is not one of them. All these states that are highly taxed, they don't give you yet, maybe they can still change it, they don't give you yet a bonus depreciation and they hold it against you. And that's one of the downsides of of that of the of the bill the the states.