Tag Archives: Passthrough Businesses

Threshold Planning Under Tax Cuts and Jobs Act

March 12, 2018 Comments are off

I have been reviewing 2016 income tax returns with my clients, who own various types of businesses and assets. This helps them when they meet with their accountants and CPAs for their 2017 income tax returns, to begin planning under the Tax Cuts and Jobs Act (“Act”). The key item that I look at is their […]
Categories
Business Law and Business Formation
Corporate
Corporation Law
Estate Litigation
Income Tax
Limited Liability Company (LLC) Law
Tags
Passthrough Businesses
Tax Law
Tax Planning
- More
Pass-Through Businesses and Planning Opportunities

January 22, 2018 Comments are off

Because of the complexities of the Tax Cuts and Jobs Act (“Act”) that is effective January 1, 2018 many taxpayers will not be able to take the 20% pass-through business deduction in 2018 due to improper positioning, or failure to restructure in ways that can make the deduction available. One of the main reasons deals with the […]
Categories
Business Law and Business Formation
Corporate
Corporation Law
Income Tax
Limited Liability Company (LLC) Law
Partnership Law
Tags
Passthrough Businesses
Tax Planning
- More