Navigating the new 2018 tax code may be far more complicated than previous years. Before getting out over your skis with aggressive plans, find out what 199A means to your business.

Day-in and day-out, most everyone in business is doing their level best to act responsibly -- both with their customers and their team. To be seen as "responsible" is hailed as a virtue in our society, and rightly so. When you're dealing with the IRS, however, being seen as "responsible" may open you up to personal fines which can quickly soar into the millions of dollars.

Smart steps you can take to prepare for the new 2018 tax laws.