What Is Business Income - Search Videos

QUICK TIP: Maximize the Qualified Business Income (QBI) Deduction

The *Qualified Business Income (QBI) Deduction*, created under the Tax Cuts and Jobs Act, offers major tax savings for business owners. Here’s what you need to know: ️ *Who Qualifies* - Self-employed individuals, S corporations, partnerships, and certain brokerage investments. ️ *Max Deduction* - Up to 20% of net business income. ️ *Key ...

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