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Saturday, April 1, 2023
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Ronald Hegt

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Ronald B. Hegt: The devil is in the details – what...

Part 1 of this article discussed the definitions of which businesses qualified for the new 20 percent deduction. Part 2 takes a little deeper dive.

Ronald B. Hegt: The devil is in the details – defining...

The Tax Cuts and Jobs Act created a deduction of up to 20 percent of qualified business income for sole proprietors, owners of S corporations, partnerships and trusts and their beneficiaries.

A new look at the new tax law

A bigger, more current concern is how the states will deal with these changes.