Game Changers, Game Limiters, and Game Expanders
The long-awaited first set of Tax Cut Jobs Act §199A Proposed Regulations have just popped.
We’ve waited oh so long to be able to plan. Now, planning to reduce income taxes via the 20% “pass-through” qualified business income deduction (QBID) may begin with some fluency.
- Treasury puts the hurt on “crack and pack," but lends payroll a helping hand
- Grouping of businesses for computation and avoiding limits
- The scope of seemingly ominous “specified service business” narrowed
The hottest topic in 31 years is taking shape. Don’t miss your opportunity to sharpen the cutting edge.