When are LLC members subject to self-employment tax?February 18, 2019Educational Articles, TaxLimited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services…Read More
Fundamental tax truths for C corporationsFebruary 12, 2019Educational Articles, TaxThe flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been…Read More
Investment interest expense is still deductible, but that doesn’t necessarily mean you’ll benefitFebruary 3, 2019Educational Articles, TaxAs you likely know by now, the Tax Cuts and Jobs Act (TCJA) reduced or eliminated many deductions for individuals.…Read More
Many tax-related limits affecting businesses increase for 2019January 29, 2019Educational Articles, TaxA variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s…Read More