IT and Business Insights for SMB Solution Providers

QBI Deduction

March 20th, 2019 | Megan Santosus
THE TAX REFORM BILL passed into law a year ago includes a provision with serious implications for channel pros and their customers alike. Starting with their 2018 tax return, sole proprietorships, S corporations, and partnerships can significantly reduce the amount they end up owing the federal government by deducting up to 20 percent of their “qualified business income” (QBI). - read more
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