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.
Continue reading It’s time to rethink your corporate structure
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