The new tax law (OK, it’s not so new) has changed the landscape when it comes to choosing corporate structures. Sure, pass-throughs get a 20% income eraser (as long as one’s income doesn’t exceed about $165K), but the corporate tax rate is also cut to shreds. (Remember: It’s only the small companies that pay the maximum rate of 21%- the behemoths hire great consultants to avoid taxes – many completely- between special deductions and overseas shenanigans. That’s why 350 or so of the Fortune 500 paid 11%, the rest paid close to zero last year.)
Continue reading C? S (or other pass-through)? That IS the question again.
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