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IRS Updates Rules for Taxes on Pass-Through Entities

New Rules for Taxes on Pass-Through Entities In a prior post, we discussed how the new tax law reduces taxes for pass-through entities (subchapter S corporations, LLCs, partnerships, and sole proprietors). Under the 2017 TCJA, some pass-through entities received a

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Posted in Small Business Accounting Tips

Tax Strategies for Pass-Through Entities in 2018

Reducing Taxes for Small Business Owners The new tax reform legislation passed by Congress in Dec 2017 provides a special tax treatment for pass-through companies (subchapter S corporations, LLCs, partnerships, and sole proprietors). The IRS refers to these entities as

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Posted in General Tax Tips & News, Small Business Accounting Tips

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