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To: Sa-teef

As the owner of a small LLC company with 10 people working for us, we will be able to use the pass thru tax deduction to hire another person and invest in new capital. And the Pass-thru deduction primarily helps the smallest of the small businesses as once your income reaches a certain dollar amount you don’t benefit.


33 posted on 12/31/2017 3:08:55 PM PST by IVAXMAN
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To: IVAXMAN
I'm in a similar position, but I'm an LLC with no full-time employees so I operate S a sole proprietorship instead of an S-Corp. I could convert to a S-Corp, but at this point it would be a needlessly complicated process because of the implications for my work as a licensed professional.

I don't benefit much from these tax changes, but I'm not complaining about it.

52 posted on 12/31/2017 4:40:46 PM PST by Alberta's Child ("Tell them to stand!" -- President Trump, 9/23/2017)
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