Tax trends and developments facing pass-through entities
Washington National Tax quarterly update webcast
RECORDED WEBCAST |
The income of business entities that are not taxed as C corporations—proprietorships, partnerships, LLCs and S corporations—is currently taxed to their owners at individual rates.
That is mostly a net benefit when compared to the total taxes imposed on owners of C corporations. However, legislative and administrative changes under discussion might reduce those benefits, particularly as corporate tax revenues decline and pass-through entities play a larger role in the U.S. economy.
Discussion topics include:
- Developments on Capitol Hill that could shift the tax burden from large corporations to middle-market pass-through entities
- Planning opportunities to minimize the 3.8 percent net investment income tax and related self-employment or FICA taxes.
- The risks and rewards of treating fixed partner compensation as W-2 wages
- How the treatment of carried interest may affect plain vanilla operating businesses
- Don Susswein, Principal, Washington National Tax
- Ed Decker, Director, Washington National Tax
- Participants will explore the current tax climate for passthrough entities and consider how potential changes on Capitol Hill could affect future taxation.