New Tax-Saving Opportunities for Some Businesses

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New Tax-Saving Opportunities
New Tax-Saving Opportunities

By Stuart D. Gibson For decades – dating back at least to the Internal Revenue Code of 1954 – taxpayers have sought ways to structure their businesses to account for the different treatment that U.S. tax law accords corporations, sole proprietorships, and partnerships. Through the end of 2017, the rules favored the corporate form of…

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