S corporation tax policy took center stage on the Hill earlier this month.
Carrying the S-CORP flag before the House Ways and Means Select Revenue Subcommittee was Tom Nichols, the Chairman of S-CORP’s Board of Advisors. The hearing focused on pass through business taxation issues and, in particular, the merits and shortcomings of the “Pass Through Draft” that Chairman Camp released earlier this year.
From the beginning, Tom’s testimony hit the high notes of the advocacy we’ve been conducting for the past two years:
“Tax Reform needs to be …