From The Washington Wire

S-Corp’s New York SALT Comments

Today the S Corporation Association submitted comments to the New York Department Taxation and Finance on their proposed SALT fix for partnerships. Following hard on the heels of the new Connecticut SALT fix, New York asked stakeholders for feedback on... 


Tax Breaks for Job Creators

Center for Budget and Policy Priorities (CBPP) got itself into a lather the other day noting that the new, 20-percent deduction for pass-through businesses will reduce revenues by twice what the federal government spends on Pell Grants. What’s the link... 


Mass S-Corp Conversions? Not Yet, But Wait ‘til the Deduction Expires

The headline is eye-grabbing, but what does it mean? A new study by Penn Wharton predicts a “mass conversion” of pass-through businesses to C corporation under the new tax law.  Specifically, the study finds that 235,780 pass-throughs representing... 


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