The Basics on Qualified Business Income Deductions

While partners, members and shareholders of pass-through entities were provided a potential tax reduction in the 2017 Tax Reform Act in the form of a 20 percent Qualified Business Income Deduction of their pass-through earnings, determining an owner’s eligibility for...

Tax Reform 2017: What You Need to Know

Table of Contents Corporate and Business. 2 Individuals. 7 Estate/ Gift Tax. 12 Charitable Contributions/ Non Profits. 13 Other. 14 Real Estate. 14 Depreciation. 14 2017 Tax Reform On December 22, 2017, President Trump signed the bill previously known as the Tax Cuts...