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Accounting Considerations for Pass-Through Entity Tax

Accounting Considerations for Pass-Through Entity Tax

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March 2022

In recent years, there have been many changes made to pass-through entity taxes, both from the federal and state sides. Though the federal government has been fairly tame in terms of changes following the tax breaks put into place by President Trump, there have been many states that have put state-level taxes into place for pass-through entities. How will where you do business impact your pass-through taxes? Let's take a look at the matter, taking accounting into special consideration so that you can make smarter decisions in planning your accounting process.

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