Pass-through business – Poimen Chris

Maximizing the Qualified Business Income (QBI) Deduction The Qualified Business Income (QBI) deduction, introduced by the Tax Cuts and Jobs Act of 2017, offers a valuable tax break for owners of pass-through businesses. This deduction allows eligible taxpayers to deduct up to 20% of their qualified business income, potentially resulting in significant tax savings. ToContinue reading “The QBI Deduction: Your Secret Weapon for Slashing Business Taxes”