440-772-0186 | cpacontentplus@strategicseven.com

New Pass-Through Income Deduction Creates Significant Tax-Saving Opportunities for Business Owners

New Pass-Through Income Deduction Creates Significant Tax-Saving Opportunities for Business Owners

Regular price
$325.00
Sale price
$325.00
Regular price
Sold out
Unit price
per 

February 2018

Business owners should take notice of a substantial new tax deduction created by the recently enacted Tax Cuts and Jobs Act. The deduction can be taken in 2018 for qualified business income (QBI) that comes from a pass-through entity, which includes S corporations, LLCs, or sole proprietorships. This tax-savings opportunity is a bit complex, so here is a brief overview of who qualifies and how the deduction works.

View the full article here.