Help Clients Plan for the New Pass-Through Tax Deduction
The new tax law includes a 20% deduction for some pass-through business income, but the specifics will vary depending on a client’s circumstances. The rules are fairly straightforward for clients with taxable income under certain thresholds: $157,500 for individuals and $315,000 for joint filers.
To read the full article in ThinkAdvisor, click: The New 20% Pass-Through Tax Deduction: An Advisor’s Guide.
