All the details of the new tax reform proposal haven't been released, but it appears that Sub S corps and LLCs will no longer be "pass-through entities." And, the maximum tax rate for these businesses would be 25%, while the top rate for C corps is 20%. What's wrong with this picture?
All the details of the new tax reform proposal haven't been released, but it appears that Sub S corps and LLCs will no longer be "pass-through entities." And, the maximum tax rate for these businesses would be 25%, while the top rate for C corps is 20%. What's wrong with this picture?
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