Pass-Through Deduction Impacts Deal Making
Source: RSM US LLP.
Partnerships (and LLCs taxed as partnerships) are common vehicles for the portfolio companies that private equity funds acquire.
Business Interest Limitation Affects More Businesses
One recently overlooked item of the Tax Cuts and Jobs Act for companies involved with a syndicate or tax shelter is business interest expense limitation. Don’t be caught off guard. Proper planning and reporting can help preserve your current year deduction.