Pass-through entities

The institute has asked the IRS and the Treasury to issue a notice clarifying that relief will also apply to S corporations.

With October 15 coming up, Mark Luscombe shares top issues for extended tax returns.

The Internal Revenue Service is giving those who own an interest in rental real estate a safe harbor to allow them to qualify for the section 199A deduction.

Four days before the filing deadline, the IRS quietly added 21 questions to its website page of frequently asked questions about issues related to Section 199A, the new 20 percent deduction for pass-through businesses.

Small businesses across America are asking the same question: Am I operating in the correct entity to maximize tax savings?

Planning for the deduction can yield significant tax savings.

The Tax Cuts and Jobs Act creates the opportunity for big tax savings from restructuring a company's status.

Tax changes have benefits, though questions remain.

The service scrambled to provide guidance and forms for taxpayers on the new 20% tax break for qualified business income in time for tax season.

IRS guidance for on deductions for passthrough entities answers many questions — but raises still others