The 2017 Tax Cuts and Jobs Act (the “Act”) creates a new income tax deduction for individuals, trusts and estates that own pass-through businesses. One of the greatest opportunities lies in the new IRC 199A pass-thru business rules which can save taxpayers significant income taxes. Learn more about the new business planning opportunities under the Act here.
About Coats Rose, P.C.
Coats Rose is a business transaction and litigation law firm based in Houston. For more than 30 years, the firm has leveraged its vast legal experience to fulfill clients’ needs in numerous transactions and controversies, spanning real estate law, affordable housing and community development, public finance, commercial litigation, construction/surety law, intellectual property, government relations, labor and employment law, mergers and acquisitions, securities law, tax, wealth planning and preservation, and health care. Coats Rose also has offices in Dallas, Austin, San Antonio, New Orleans and Cincinnati. Learn more at www.coatsrose.com.