New 20% Deduction for Small Business Owners
New 20% Deduction for Small Business Owners
One of the key measures of the Tax Cuts and Jobs Act provides a 20 percent deduction
The Tax Cuts and Jobs Act was signed into law on Dec. 22, 2017. One of the key measures provides a 20 percent deduction beginning in tax year 2018 on pass-through income from sole proprietors, limited liability companies, partnerships and S corporations……..
