The pass-through entity tax (PTET) is a way for owners of pass-through entities—partnerships, limited liability companies, S corporations—to gain … Read more about What Is the Pass-Through-Entity-Tax and Who Does it Benefit?
Added Tax Costs for Successful Business Owners
Does it pay to be highly successful? From a personal and professional viewpoint, sure. You get satisfaction from helping your clients and customers … Read more about Added Tax Costs for Successful Business Owners
5 Reasons to Become a C Corporation
Almost all small businesses in the U.S. are pass-through entities—sole proprietorships, partnerships, limited liability companies, and S corporations. … Read more about 5 Reasons to Become a C Corporation
QBI Deduction and Tax Savings
The Tax Cuts and Jobs Act Created a New Type of Deduction—the Qualified Business Income (QBI) Deduction This deduction is designed to lower the … Read more about QBI Deduction and Tax Savings
10 Things to Know about the QBI Deduction
The Tax Cuts and Jobs Act created a new personal deduction, called the qualified business income (QBI) deduction, for owners of pass-through entities … Read more about 10 Things to Know about the QBI Deduction
How Much Tax Will You Pay on Your Pass-through Income?
The Tax Cuts and Jobs Act of 2017, which was signed into law on December 22, 2017, radically changes the rules that now apply for taxing the profits … Read more about How Much Tax Will You Pay on Your Pass-through Income?
