The Tax Cuts and Jobs Act enacted Code Section 199A which provides a 20% deduction for businesses. However the deduction is not always 20%, and not every business qualifies. This article explores the key elements of this new provision.
The deduction for years beginning after 2017 is...
by Dylan Silverman
On September 27, 2017, President Trump revealed a tax plan that he and key Republican leaders in Congress have been working on. The plan is entitled “United Framework For Fixing Our Broken Tax Code.” If enacted, the proposal would affect most tax paying Americans. However passage is uncertain,...
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