Name: Accounting Freedom, Ltd. - Greater Milwaukee Region
Address: 1567 Wisconsin Ave, Grafton, WI, 53024, US
Telephone: +12623752440

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to deduct up to 20% of QBI, not to exceed 20% of taxable income. It can also be claimed for up to 20% of income from qualified real estate investment trust … Continue reading “The QBI deduction and what’s new in the One, Big, Beautiful Bill Act”