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Qualified Business Income for Section 199A

Confused about how the Section 199A impacts you? Did you hear that Trumps new tax law reduces your taxes by 20%? What’s a “Specified Service Business?” How are owners of S-Corporations, LLC’s, and other pass-through entities impacted? To determine how Trumps new tax law influences your business, please see the AICPA’s Section 199A Flowchart attached.

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