What Is a Qualified Business Income Deduction?

No entrepreneur looks forward to filing their business taxes, but everyone looks forward to saving on their tax bill. Now small businesses and self-employed people may be eligible for a big tax break: the qualified business income deduction. This deduction is available for tax years 2018 through 2025 and allows certain businesses to deduct up to…

https://www.nerdwallet.com/article/small-business/qualified-business-income-deduction-2

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