MTFN President and shareholder Tom Nichols wrote article, SOS: Save Our Section 199A, for Tax Notes. He examines the effective repeal of section 199A for large passthrough enterprises as well as estates and trusts. As explained by Tom in the article, the Neal amendment will increase the marginal tax rate for many passthrough entities from 29.6% to 46.4%.

Tax Notes provides insight on critical tax issues for tax professionals in the form of essential daily news, analysis and commentary from leaders in the field like Tom.

Read Tom’s expert analysis in the article here.