There is an old saying that you cannot eat an elephant in one sitting, so over the next few blogs, I am going to take apart the new Tax Cuts and Jobs Act piece by piece. I have been fielding a ton of calls regarding the Act’s effect on client’s LLC’s and S Corp’s, so todays blog will address that issue.
Currently, owners of partnerships, S corporations, and sole proprietorships – as “pass-through” entities – Click here to Read More.