Construction and Real Estate | Albin, Randall and Bennett

Sec. 199A Deduction for Engineering Firms: The Exception to the Exception

For businesses that are structured as pass-through entities The Tax Cuts and Jobs Act of 2017 (TCJA) created a plethora of complex – but potentially generous – tax provisions. Chief among them is the Sec. 199A deduction, providing a possible 20 percent deduction off taxable income. Pass-through entities include S Corporations, partnerships, limited liability companies

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