If you’re a business owner, grab this 20% tax break before the year ends

If you’re a business owner, grab this 20% tax break before the year ends

Jetta Productions Inc

Entrepreneurs hoping to pocket some tax deductions for 2019 shouldn’t forget a new 20% break.
The qualified business income or QBI deduction made its debut in 2018, a feature of the Tax Cuts and Jobs Act.
The new write-off allows owners of “pass-through” entities, including S-corporations and partnerships, to deduct up to 20% of their qualified business income. Tax…

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