January 29, 2018
CFO.com published an article by Tax Leader Joseph Perry and Tax Principal Michael D'Addio, discussing the pros and cons of C-corporation v. pass-through entity status under the new tax law.
CFO.com
By Joseph Perry, Tax & Business Services Leader & Michael D'Addio, Principal, Tax & Business Services
Excerpt:
Three factors counter this seemingly overwhelming advantage of a being classified a C-corporation: 1) the multiple individual rates and new brackets; 2) the new deduction for pass-through income; and 3) the “double taxation” on funds withdrawn from a C-corporation.
