TCJA has placed some limitations on deducting business losses. Here’s a look at the changes in the rules and how they might affect you.
How Deducting Business Losses Changed with TCJA
Tag: passive income
Making the Right Entity Choice: C Corporation vs. S Corporation
The right entity choice can make a difference in the tax bill you owe for your business. There are plenty of potentially expensive tax problems that you should assess before making the decision to convert from a C corporation to an S corporation.