Two provisions of the Tax Cuts and Jobs Act may have more companies deciding to replace real workers with mechanical ones.
A 21% income tax rate might sound appetizing to some pass-through entities, but C-corporation status doesn't suit every organization.
Proposed IRS rules place more responsibility, and more potential for unhappy surprises, on the partnerships themselves.
The tax-advantaged specialty finance company will target middle-market companies with pre-tax earnings of $5 million to $75 million.
