J Thompson Turner

J Thompson Turner

November 30, 2018 | Daily Report Online

A New Deal: The Business Income Tax Deduction Under the TCJA

A short-and-sweet explanation of the not-so-short-and-sweet new law: Any taxpayer that owns an interest in a pass-through entity may qualify for up to a 20 percent income tax deduction on the income of that business.

By J. Scot Kirkpatrick and J. Thompson Turner

5 minute read