New Section 199A Deduction Could Provide Additional Business Tax Savings

The Tax Cut and Jobs Act of 2017, Provision 11011, Section 199A, has provided a 20{6a6f606e37cd9d9ea72282daca64070620822df4bee8779b5efb00ecd3f9b257} tax deduction for pass-through businesses. Eligible tax payers include sole proprietors, S-Corporations, Partnerships, Publicly Traded Partnerships (PTP), and Real Estate Investment Trust (REIT). Though computing the deduction could be a difficult challenge at best, […]