WHAT THE DEDUCTION FOR QUALIFIED BUSINESS INCOME OF PASS- THRU ENTITIES MEANS FOR SMALL BUSINESS OWNERS

What The New Deduction For Qualified Business Income of Pass-thru Entities Means for Small Business Owners

This book covers the new 20% Deduction of Qualified Business Income of Pass-Thru Entities. If you own a sole proprietorship, are a partner in a partnership, member of an LLC or shareholder of an S corporation then this is a MUST! This is undoubtedly one of the most significant pieces of legislation ever written for small business.  Areas covered include eligibility for the deduction and how various limitations related to taxable income, business type, wages and equipment are calculated. You will understand exactly how this new deduction works and also how it is calculated.