If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or the Section 199A deduction. The QBI Deduction Is available to owners of sole proprietorships, single member limited liability companies (LLCs), partnerships, and S corporations. This deduction … Continue reading “QBI Deduction Basics & Year-End Tax Tips”