No One’s Sure Who Qualifies for this $415B Tax Deduction Reviewed by Momizat on . Congressional Republicans created a juicy new tax break for clients when they rewrote the U.S. tax code late last year.  Three months later, hundreds of thousan Congressional Republicans created a juicy new tax break for clients when they rewrote the U.S. tax code late last year.  Three months later, hundreds of thousan Rating: 0
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No One’s Sure Who Qualifies for this $415B Tax Deduction

Congressional Republicans created a juicy new tax break for clients when they rewrote the U.S. tax code late last year.  Three months later, hundreds of thousands of them still do not know if they qualify.  The IRS has said it will provide guidance detailing exactly who is allowed to take the so-called pass-through deduction.  With billions of dollars at stake, business groups are lobbying for the agency to open the doors to the deduction as widely as possible.

To read the full article in FinancialPlanning, click: No One’s Sure Who Qualifies for this $415B Tax Deduction.

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