The Flat Tax for C-Corporations

Sabina Pan

August 7, 2019

finance 101, financial planning, business, small business, financial security

With the new tax law (TCJA Act), there has been a permanent flat 21% tax rate on C-corporations from January 1st, 2018, naturally many tax payers may be interested in switching their entity to C-corporation to evade paying high tax.

Sabina Pan

August 7, 2019

Attention Smaller Business Owners - Clearer Guidance on the "Qualified Business Income" Deduction From IRS

Sabina Pan

August 7, 2019

Attention Smaller Business Owners - Clearer Guidance on the "Qualified Business Income" Deduction From IRS

The IRS has proposed regulations concerning the qualified trade or trade income deduction under section 199A, with a guide on calculating W-2 wages along with commonly asked questions for sole proprietorships, partnerships, Trust and S corporations to deduct 20 % of their QBI.

Sabina Pan

August 6, 2019

Guaranteed Winners

Sabina Pan

August 6, 2019

Dozens of states are expected to legalize betting within the next few years. Naturally, there will be winners and losers.

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