I wrote about this the first time back in 2019 and then again last December.
Continue reading Anonymity Ends soon.
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Anonymity Ends soon.
Tag Archives: C Corp
It’s time to rethink your corporate structure
I’ve told you all many times that the rules have changed significantly with the passage of the Tax Cut and Jobs Act (TCJA). For example, for decades, we’ve avoided setting up C Corporations for our clients, because of the double taxation whammy. But, now with the maximum (and minimum) tax rate of 21%- and the personal limitation on SALT (state and local taxes) at $ 10,000, it’s past time to reconsider our old rule of thumb.
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Business Entity- revisited for 2018 tax rules
I’ve written about how the Tax Cuts and Jobs Act (now known as PL117-95) is going to change the way we think about businesses and income. (Here’s one link– there are about 15 such posts.) Today, we’ll talk about how this new tax law changes the sort of business entity we maintain.
Continue reading Business Entity- revisited for 2018 tax rules
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