It´s about The Entity!
The most important question for real estate investors: is my current business entity tax optimal, or can I do better?
Large businesses operating as C corps got a considerable reduction in their tax rates – down from 35% to 21%, but small businesses have a wealth of new options to reduce tax liability too.
Opting for the Best Entity
The Trump Tax Reform or TCJA provides significant tax advantages for S Corps and LLCs but for C corps that are collecting large profits earmarked for debt repayments or capital expenditures the new Act provides for the retention of more profits on an after-tax basis than it does for S corps or LLCs.
Thanks to FAS & CPA Consultants and Fulton Abraham Sanchez, CPA, I was able to resolve a debt of $479,677.71 that I had with the IRS.
My experience with FAS CPA & Consultants has been incredible, their professionalism is impeccable. I highly recommend them.
I highly recommend FAS CPA & Consultants, they are responsible, efficient and very dedicated.
FAS CPA & Consultants
9000 SW 137 AV Suite 224 Miami, FL 33186