Tag: Treasury

  • Section 199A Pass-Through Deduction Proposed by Treasury

    by

    The Tax Cuts and Jobs Act, signed into law last December, provided qualified pass-through businesses with a 20 percent deduction, bringing the effective tax rate for those businesses down to 29.6 percent.   The law established conditions that would have to be met for a company to qualify for the deduction, and it expressly excluded most […]

    more