Feigenbaum Law

pass-through income

Pass-through

Corporate Tax Planning

U.S. Treasury Department Introduces Guidance on “Pass-Through” Companies

Earlier today, the Treasury Department and the Internal Revenue Service (IRS) released long-awaited guidance on a key element of the Tax Cuts and Jobs Act, answering the many questions that were being asked by small business owners hoping to take advantage of major tax breaks included in the Republican tax reforms. Pass-Through Entities Today’s announcement was intended to provide additional clarity about the 20% deduction on income for owners and partners in… Read More