June 6, 2018
The Textbook and Academic Authors Association reported on a presentation by Partner Rob Pesce, about how S-corporations are affected by changes in the treatment of pass-through income under the new tax law.
TAA Abstract on Textbook and Academic Writing
By Eric Schmieder
Excerpt:
Challenging the thought that a traditional C-corporation business entity may be a better option for authors, Pesce stated that for most individual earners, the flat tax of 21% associated with a C-corporation does not make this a desirable option.
