Qualified Business Income Deduction Regulations Proposed
The proposed rules include a way that taxpayers can group or aggregate separate trades or businesses and an anti-abuse rule designed to prevent taxpayers from separating out parts of an otherwise disqualified business in an attempt to qualify those separated parts for the Sec. 199A deduction.
To read the full article in the Journal of Accountancy, click: Qualified Business Income Deduction Regulations Proposed.