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Tax Law Changes May Impact a Business Owner’s Decisions on Choice of Entity

Tax Law Changes May Impact a Business Owner’s Decisions on Choice of Entity

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November 2020

Business owners who are trying to decide which legal entity is appropriate for their companies must factor in several tax considerations in light of the 2017 Tax Cuts and Jobs Act (TCJA), the 2020 Coronavirus Aid, Relief and Economic Securities (CARES) Act and the potential for new tax legislation in 2021.

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