IRS Issues Final Section 199A Regulations and Defines QBI

  If you are currently operating a pass-through business such as a proprietorship, partnership, or S corporation, you might want to have a look at this. Thanks to the finalized regulations of Section 199A, you can now be eligible to have a tax deduction of up to 20...

When Renting to a C Corporation Creates QBI

  You can save a lot of money through one section of the tax code. I’m talking about Section 199A. When you rent an office or other building to your personally owned C Corporation, it will claim a valuable 20-percent qualified-business-income (QBI) deduction. Of...