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19Dec

Construction Business Owners Can Benefit From The Qualified Business Income Deduction

The Tax Cuts and Jobs Act of 2017 created a lucrative new tax incentive for certain business owners: the ability to deduct up to 20% of their qualified business income. Thus, a business owner who qualified for the deduction could earn a taxable...
By: Hahn Loeser & Parks LLP
Source Url: https://www.jdsupra.com/legalnews/construction-business-owners-can-15768/

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