TaxVox: Pass-through entities

Tackling Stock Buybacks: Too Little, Too Late from Foreign Investors

February 21, 2019 –

The 2017 Tax Cuts and Jobs Act (TCJA) lowered taxes for US corporations, with the stated goal of creating jobs throughout the US . In...

Treasury Left The Door Open To The 20-Percent Tax Deduction For Pass-Through Businesses

January 24, 2019 –

Last Friday, Treasury finalized its regulations for the special 20-percent tax deduction for income from pass-through businesses, which was added by the 2017 Tax Cuts...

TPC Is Improving Its Modeling Of Five Tax Expenditures

December 18, 2018 –

In a new initiative, the Tax Policy Center is improving its modeling of five key tax expenditures: the tax treatment of pass-through entities, charitable giving,...

Business Taxes

The TCJA’s Pass-Through Deduction Was Misguided From the Beginning

August 15, 2018 –

The Tax Cuts and Jobs Act’s (TCJA) special 20 percent individual income tax deduction for pass-through businesses such as partnerships and sole proprietorships was misguided—and...

Business Taxes

Treasury’s New Pass-Through Rules Double Down On The Deduction’s Regressivity

August 14, 2018 –

The Tax Cuts and Jobs Act (TCJA) contains a special 20-percent individual income tax deduction for owners of pass-through businesses that was always going to...

Indexing Capital Gains via Regulations is Still a Bad Idea

July 31, 2018 –

The Trump Administration reportedly is thinking about using its executive authority to redefine capital gains so only returns from the sale of assets in excess...