Finally, a single piece of legislation was released which merged together the differences in tax reform from both the House and Senate. This tax brief highlights the changes that would affect pass-through entities, known as S Corporations, LLC Partnerships, and Sole Proprietorships. This brief is not meant to be a comprehensive look at the Act, but a rundown of the major points that impact our individual clients. This data, provided by Baratz & Associates, P.A., is for informational purposes only.
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Contributor: Kelly-Anne Shoaf