SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Section 199A dividends are distributions from the profits of domestic real estate investment trusts ...

For businesses taxed on their income at the entity level, most commonly organized as C corporations, the TCJA dramatically reduced the corporate income tax rate from a graduated rate topping out at 35 ...

The Tax Cuts and Jobs Act included a new deduction for pass-through business income (Section 199A), allowing taxpayers to deduct up to 20 percent of qualifying business income against their taxable ...

QBI includes the income, minus wage income, deductions, applicable gains and losses, for every eligible pass-through business that a taxpayer operates in the United States or Puerto Rico. This income ...

GREENVILLE, N.C. (WITN)- Thursday, businesses and stakeholders gathered alongside Congressman Greg Murphy to discuss past, present, and future effects of Section 199A Deduction. What is Section 199A?

I might have the chance to use a Section 199 tax deduction this year. What do I need to know? Jeffrey Levine of Buckingham Strategic Wealth explains that the Section 199 deduction is an important, but ...

Many Virginia business owners signed off on last year’s tax returns only a few weeks ago, in early September, the Internal Revenue Service’s annual, last-chance filing deadline for most U.S. companies ...

Watch Benjamin M. Willis, contributing editor with Tax Notes Federal, and Jed Bodger, vice president of taxation at the Sierra Nevada Corp., discuss their recent article examining how the Biden-Harris ...

The House Ways and Means Committee released their income tax proposals on Monday September 13. As part of that guidance was a proposal to limit the Section 199A deduction to $400,000 for single ...