Time to Revisit the changes in the Tax Law from 2017

Pass-thru businesses wanted to have relief similar to what was granted to C corporations. So Congress added Section 199A to the Tax Code. You may have heard it referred to as the Pass-Thru Deduction, or described as a provision making 20% of business pass-thru income not taxable. Well, like many other things, that is sort of true, but there is a lot more to the story. Click here for a podcast going into more detail.