The Deduction for Passthrough Firms: A Hodgepodge of Ideas
7 Pages Posted: 29 Apr 2018
Date Written: Marth 12, 2018
This article describes the principal features of the deduction enacted as part of the Tax Cuts and Jobs Act for the owner of any business that is not classified as a corporation for tax purposes. The article also offer a wide range of personal observations about the law.
Keywords: passthrough, tax, partnerships, limited liability companies, deduction
JEL Classification: H24, H25, H26, K34
Suggested Citation: Suggested Citation