Month: December 2022

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, as well … Continue reading “Do You Qualify For The QBI deduction? And Can You Do Anything By Year-End To Help Qualify?”