Should you reconsider your entity choice? Tax reform changes the equation
Abstract: The Tax Cuts and Jobs Act has many construction company owners thinking about converting their pass-through entities to C corporations. Although some businesses may benefit from doing so, the decision isn’t just a matter of comparing the previous top corporate tax rate with the current one. This article reviews key factors to consider. A sidebar looks at the limits of the recently introduced tax deduction for owners of certain pass-through entities.