Entries by Elsa W. Smith

What the New 20% Pass-Through Deduction Means for Business Owners

What the New 20% Pass-Through Deduction Means for Business Owners It is essential for business owners to be familiar with their landscape, reap all available tax benefits, and stay up-to-date with developments in the business world. The 20% deduction for pass-through businesses, outlined in IRC Section 199A, was introduced in the 2017 Tax Cuts and […]