Tax Cuts and Jobs Act: C Corp or Pass-Through - Choice of Entity Fruit Basket Upset - or Not?
Tuesday, December 3, 2019
The new legislation seems to turn the choice of business entity analysis on its ear. Or does it? And, if it does, which ear? Is racing out to become a C Corp all it's cracked up to be?
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*How the all-new pass-through deduction 199A compares
*New rule cuts a break on switching S to C
*But, what about switching from C to S?
*Choices, choices - Near and long term consequences
*Are C Corps still like lobster traps?
*And what about AET, PHC, BIG and AMT taxes?
*Can you get a good enough running start and jump far enough . . .
*What if you inherit a business interest, buy in or make money as you go?
*Outlier strategy if you don't buy green bananas anymore
*Winners, losers and the newly perplexed (and how to help them all)