With New 21 Percent Corporate Tax Rate, S-Corps Are Taking A Second Look At C-Corp Status
YoungUpstarts
APRIL 15, 2018
by Lance Christensen, Susan Jacobini Harrington, and James Graff, Partners at Margolin, Winer & Evens LLP. A second limitation to the deduction comes in having to factor in the shareholders’ taxable income, less their capital gain income, multiplied by 20 percent. Is it time to make the switch from S-Corp to C-Corp status?
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