October 31, 2011

Joseph Perry, Partner-in-Charge, Tax & Business Services, Featured in the New Jersey Business Journal Article "Small-Business Owners may be Snared in Bid to Hike Taxes"

New Jersey Business Journal

By Martin Daks

Featured Joseph Perry, Partner-in-Charge , Tax Services

Related Service Tax & Business

Joseph Perry, Partner-in-Charge, Tax & Business Services, Featured in the New Jersey Business Journal Article "Small-Business Owners may be Snared in Bid to Hike Taxes" Tax & Business

Excerpt:

In the article Mr. Perry said, “And when the tax code changes, there are no blanket “right” or “wrong” steps to take.”

Additionally, Mr. Perry said, “We can expect some increase for individuals, and a possible reduction in corporate rates, but business owners have to weigh the effects of a switch to a C-corporation, since they may be subject to double taxation, once at the corporate level, then at the personal level, and they may have to meet ‘reasonable compensation’ and other tests as a C-corporation.”

Click here to read the full article >>

Featured

Joseph  Perry

Joseph Perry

Tax & Business Services Leader

  • Tax & Business
  • Melville, NY