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Boise Idaho Business Guide: Short-Term Assets

No. Since an Idaho C-Corporation is not a pass-through business entity, it is therefore disqualified to receive the 199A 20% deduction. However, during the new tax reform that created the 199A deduction for passthrough entities, they also lowered the corporate taxes to a flat 21%.

Due to this new tax reform, the S-Corporation with its 199A deduction and the lower flat rate tax on the C-Corporation creates equality in their tax saving power.

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