Calling all CPA's and Small Business Owners.
If you own a pass-through entity—sole proprietorship, partnership, limited liability company, or S corporation—you may be eligible for a new tax deduction, the 199A or Qualified Business Income Deduction is here.
The qualified business income (QBI) deduction runs from 2018 through 2025. You don’t have to expend any capital or take any special action; if you qualify for the deduction you get it. But the bad news is that there’s new terminology and calculations for limitations on the deduction which can be daunting.
Experian and BBVA Compass has invited author and tax expert, Barbara Weltman from Big Ideas for Small Business to unpack the new regulation on October 2nd, 8:00 a.m. (Pacific) 11:00 a.m. (Eastern.) Click below to save your seat.