Tax Cuts and Jobs Act Brings Renewed Attention to the Issue of Reasonable Owner’s Compensation
The Tax Cuts and Jobs Act (TCJA), effective January 1, 2018, has made the issue of reasonable owners’ compensation for pass through entities (PTE) more complicated. TCJA’s new deduction, Section 199A, allows owners of PTEs to write-off 20% of qualified …
June 12, 2018 Read More