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Merger and acquisition activity in the first half of 2018 in the United States was the highest it has ever been according to data from Thomson Reuters as reported by Axios in this article. Although there are a number of factors that contributed to this M&A boom, the impact of the TCJA has provided an acquisition-friendly tax landscape for businesses to operate. On top of the highly publicized drop in the corporate tax rate to 21%, subtle changes to the bonus depreciation rules could be an even bigger driver of merger and acquisition activity.
NEW! Accounting Services:
Big Capabilities for Small Business
TeamDKB brings your small business big capabilities to help you better manage your personal and professional finance and accounting needs, including Controller and CFO Solutions, Outsourced Accounting Services, and QuickBooks Consulting and Web Hosting.
Meet Andrew Cogan...Financial Assurance Manager, Sports and Travel Enthusiast and the Buffalo Bills Biggest Fan!
While you may know Andrew as a Manager in our Financial Assurance Practice, you may not know that he loves going to Buffalo Bills games, hitting the greens, and spending time in the Village of Fairport with his wife, and their dog Annie.