Blog

01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

The pass-through deduction

We are approaching tax season and we know that this fact doesn’t always evoke positive thoughts. In this case, though, we would like to remind you of the existence of the “pass-through deduction”. Let’s explain what it means. Small businesses (partnerships or limited liability companies) do not pay a direct corporate tax — they “pass-through” their gains and losses to the individual members of the partnership or... READ MORE
01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

Investment and internationalization opportunities in the US after the Tax Reform.

How can the Italian companies benefit from the investment and internationalization opportunities in the US after the Tax Reform? The reform was approved in December 2017, and it’s the most significant tax cut in the American history. The benefits included in the reform are many and apply to various social classes and business groups. The main aspects that will affect the US economy are: permanent massive reduction of corporate tax the possibility of depreciating 100% of the... READ MORE
01
Nov 2019
  • BY: italiancpafirms
  • TAG: Documents, Business, tax
  • 01 COMMENT

US Tax Reform Plan: the biggest Tax Cut of all time

The long-awaited tax reform was quietly approved by the House and then signed by the US President on 22 December 2017. A nice end-of-year gift for many SMEs and many investors. A gift that has not been seen since Reagan’s presidency, in terms of tax reduction. It is, in fact, the most drastic change to US tax code of the last 30 years! Corporations and upper classes will obviously benefit the most from the reform, but the middle class (although to a lesser extent) will obtain... READ MORE


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