In December, 2017 President Trump signed the new tax bill. This is known as the Tax Cuts and Jobs Act (TCJA). What received a lot of attention in the media was the tax cuts for individuals. For Connecticut taxpayers, check…
In December, 2017 President Trump signed the new tax bill. This is known as the Tax Cuts and Jobs Act (TCJA). What received a lot of attention in the media was the tax cuts for individuals. For Connecticut taxpayers, check…
Business owners can maintain their corporation as a regular or “C” Corporation. Alternatively, if they are eligible, they may want to make a Subchapter S Election. Both are treated as separate legal entities. Here are the differences however: C Corporation…