New QBI Deductions – The Burns Firm – Advisors of Complex Financial Matters

Close-up n the New QBI Deduction’s Wage Limit

July 31st, 2018|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Return, TCJA|Tags: 2018 tax planning, Accounting, business, C corp, Close-up n the New QBI Deduction’s Wage Limit, deductions, IRS, New QBI Deductions, Planning, QBI, QBI wage limits, tax, Tax planning, tax return, The Burns Firm|

The Tax Cuts and Jobs Act (TCJA) provides a valuable new tax break to noncorporate owners of pass-through entities: a deduction for a portion of qualified business income (QBI). The [...]