2018 Tax Code Update Benefits for Small Business Owners

Interview with Craig Cody What is important about the new tax update? Lowered the top rate on C corp to 29% from 30% Section 199 s corp 20% deduction on pass-through income Michael asked “I’d be interested if you asked the CPA if / when there’s any benefit with the new tax code to switch from an S Corp to a C Corp. It’s my understanding that the tax rate would be lower as a C. We’re currently an S, but I’m not familiar enough with it”. Your children are able to work for you and then pay for their own education. To get more information and Craig Cody’s free book, go to www.craigcodyandcompany.com/service put in your information and get on Craig’s weekly mailing list. The information that is provided there is phenomenal!