The all-new §199A pass-through deduction cuts non-C Corp income tax rates to the lowest in over 3 decades, but only for those eligible. The problem? Some higher income taxpayers, along with some lower income taxpayers, are aced out or trimmed back.

Highlights:

• Complex new pass-through entity deduction (QBID) clearly explained


• What is the taxable income limitation – How to avoid its harsh impact


• Why wages and property may be important in each business


• Is the definition of “specified service business” (SSB) the monster it appears to be?


• Lasso income into the right spots & maximize QBID (turn high taxed tears to joy)


• Winners, losers and the newly perplexed (how to help them all)