It apears that scorp income is taxed as material participation but insufficient capital and payroll to escape phaseout of QBID. Is this right? We do need to look at all the pass-through variables as a group at some point. Still no sign of a tax lawyer to help us out?
It apears that scorp income is taxed as material participation but insufficient capital and payroll to escape phaseout of QBID. Is this right? We do need to look at all the pass-through variables as a group at some point. Still no sign of a tax lawyer to help us out?