Key Updates and Tax Planning Opportunities with the Tax Cuts and Jobs Act of 2017 (TCJA)
Submitted by Areté | Fiduciary Financial Advisors to Dentists on March 14th, 2018Small Business Tax Reforms:
- C Corporation tax rate has been cut to 21% from 35%.
- Pass-through entities (S Corporations, Partnerships, LLCs, Sole Proprietors) may receive a 20% deduction of qualified business income:
- Married Filing Jointly Phase-out Income Th