Who qualifies for new business tax cut

Who qualifies for new business tax cut

A complicated new law will take effect in 2015, giving owners of limited liability companies, partnerships and “S corporations” new, lower tax rates.

As with any tax rule, the details of an individual’s financial situation can change the tax cut’s benefit. That means anyone who thinks they’re eligible should check with an accountant. But here’s a primer on the basics of the new policy.

 

Read more at OregonLive.