The qualified small business income (QBI) deduction, created by the Tax Cuts and Jobs Act of 2017 as a way for owners of pass-through entities to get … Read more about What Should Congress Do About the QBI Deduction?
Tax Losses for Owners of Pass-Through Companies: What to Know
Small business owners by their nature are optimistic, as evidenced by various surveys (e.g., GGV Capital found that 83% of owners thought they’d do … Read more about Tax Losses for Owners of Pass-Through Companies: What to Know
QBI Deduction and Tax Savings
The Tax Cuts and Jobs Act Created a New Type of Deduction—the Qualified Business Income (QBI) Deduction This deduction is designed to lower the … Read more about QBI Deduction and Tax Savings
Special Elections to Reduce Your Tax Bill
Most tax rules are fixed and you must follow them. But there’s some flexibility which is provided through special tax elections. You can choose in … Read more about Special Elections to Reduce Your Tax Bill
10 Things to Know about the QBI Deduction
The Tax Cuts and Jobs Act created a new personal deduction, called the qualified business income (QBI) deduction, for owners of pass-through entities … Read more about 10 Things to Know about the QBI Deduction
