Bloomberg BNA's Daily Tax Report quoted Tax Principal Michael D'Addio in an article about the prospects for wholesale conversions of pass-through entities to C corporate structure.
Bloomberg BNA Daily Tax Report
By Laura Davison
Excerpt:
Companies, particularly those that won’t see much benefit from the pass-through deduction, should consider whether electing to be taxed as a corporation would be more beneficial, but it will likely be a small group of businesses that would see enough upside to warrant a transition, said Michael D’Addio, a principal at Marcum LLP.