tax on pass-through entities News

Potential Trump Tax Loophole for Pass-Through Businesses

If exploiting a tax loophole is as much an art as a science, then the tax planning profession is poised for a creative renaissance. The inspiration is the tax law signed by President Donald Trump in December. The patrons are …

Mass. Proposes Corporate Tax for Insurer-Owned Pass-Through Entities

As part of his administration’s plan for new tax revenues, Massachusetts Gov. Deval Patrick recently proposed applying a corporate tax rate to the state’s “pass-through entities” that are owned by insurance companies. The proposal was part of Gov. Patrick’s fiscal …