Tax Cuts & Jobs Act.-Changes to the C-Corporation tax rates for 2018-- Alex Ferrara, MBA, Supervisor.
C-Corp profits are taxed to the corporation when earned and then taxed to the shareholders when distributed as dividends. This is double taxation. Check the video and charts out to see the how your accounting, law, engineering or consulting firm (just to name a few) might be impacted. If you have any questions or need any additional tax planning, we here at Hall, Kistler would be happy to help. Click my link above or give us a call at 330-453-7633 for more information.