Business owners can claim a qualified business income deduction
Laurie S2018-10-30T09:10:45-05:00Business owners can claim a qualified business income deduction IRS Tax Reform Tax Tip 2018-166, October 25, 2018 Eligible taxpayers may now deduct up to 20 percent of certain business income from domestic businesses operated as sole proprietorships or through partnerships, S corporations, trusts, and estates. The deduction may also be claimed on certain dividends. [...]