Medesthetics

OCT 2018

MedEsthetics—business education for medical practitioners—provides the latest noninvasive cosmetic procedures, treatment trends, product and equipment reviews, legal issues and medical aesthetics industry news.

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By Mark E. Battersby Last December the Tax Cuts and Jobs Act (TCJA) was signed into law. The new legislation is broad in scope and can potentially lower the tax burden on most U.S.-based businesses. But reaping the benefi ts requires understanding how deductions have changed and how your practice or medspa's business entity and accounting methods impact its use of new deductions and tax credits. Following are some the key changes to consider as we enter the last quarter of 2018. © GETTY IMAGES 44 OCTOBER 2018 | MedEsthetics New tax provisions make end-of-year tax planning even more important for practices and medspas. End-Of-Year TAX PLANNING

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