April 2019

The Tax Cuts & Jobs Act Launches A New Deduction For Pass-Through Businesses

For tax years starting in 2018 through 2025, the Tax Cuts and Jobs Act (TCJA) created a new deduction for owners of pass-through business entities, such as sole proprietorships, partnerships, S corporations and limited liability companies (LLCs) that are treated as sole proprietorships, partnerships or S corporations for tax purposes. The deduction, sometimes referred to…

Thank your for uploading a file

Scroll to Top