Should I Make My Spouse A Partner?
Tax reform changed the rules of the game when choosing your best tax structure. In looking over the possibilities, we note that a properly structured spousal partnership could be your best choice. Here are the tax benefits to you: Your spouse’s income is free from self-employment tax. You and your spouse both still qualify for the new pass-through income deduction under Section 199A. The IRS audits partnerships at a much lower rate than proprietorships (Schedule Cs). You don’