Entries by jomo

Reasons why now may not be the time to convert to a C corp

While structuring as a C corporation is certainly the best choice for many businesses, a “pass thru” structure has long been considered a more tax-efficient option for most small, closely held companies.  But with the massive changes that came with passage of the Tax Cuts and Jobs Act of 2017, many small-business owners are wondering if C corporations deserve a second look. Mark Lumsden, tax partner, reviews the case for C corp restructuring.

A conclusion to tax uncertainty

Now that the Tax Cuts and Jobs Act has passed, Bryan Adams, tax partner, looks at its impact, specifically as it relates to the commercial real estate industry. For the real estate industry as a whole, it appears there were many benefits retained or added through the tax bill.