|C-CORPORATION TAX RATE|
|21% Flat Tax Rate|
|CORPORATE ALTERNATIVE MINIMUM TAX|
|Repealed, beginning in 2018|
|QUALIFIED BUSINESS INCOME 20% DEDUCTION FOR PASS-THROUGH ENTITIES|
|Qualified income will be taxable at 80% of the normal tax bracket rate on other business income|
|Applies to the lesser of 20% of business income or 50% of total wages paid by the business|
|Specifically excludes certain types of professional service and investment income|
|Taxable Income||Tax Rate|
Cherry Bekaert Benefits Consulting, LLC is a Chernoff Diamond Affiliate. Chernoff Diamond & Co., LLC is a Managing Member of Cherry Bekaert Benefits Consulting. Chernoff Diamond & Co., LLC offers Investment Advisory Services through M Holdings Securities, Inc., A Registered Broker/Dealer, Member FINRA/SIPC. Check the background of this Firm and/or investment professional on FINRA's BrokerCheck. Chernoff Diamond & Co., LLC is independently owned and operated. Chernoff Diamond & Co., LLC, is a member of M Financial Group. Please visit mfin.com/DisclosureStatement.htm for further details involving this relationship.
Chernoff Diamond and their registered representatives are currently licensed to sell variable life and annuity products, as well as other securities products, in the states of California, Connecticut, Florida, Georgia, Maryland, Massachusetts, Missouri, New Jersey, New York, North Carolina, Pennsylvania, Virginia, Wyoming and Washington DC. Residents of other states should consult with a local registered representative for securities products.
Proper state registration is mandatory prior to conducting business in any state.