Advice
The New Business Tax Break: Qualified Business Income Deduction
- Details
- Category: Tax
- Created: Monday, 14 May 2018 15:12
- Written by Sheryl Rowling
Introduction
The Tax Cuts and Jobs Act (TCJA) has created a tax savings opportunity for businesses. Corporate tax rates have been reduced to a maximum 21 percent, while other businesses can qualify for a 20 percent income reduction by means of the Qualified Business Income (QBI) deduction.
The QBI deduction was enacted to allow “pass-through” (non-C corporation) businesses some of the benefits of tax reduction available only to C corporations. As much as this deduction is intended to create parity, it doesn’t quite get there.
The rules are quite complex, sometimes illogical, and someti
Keebler Talks Tax Cuts For Year-End Planning
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- Category: Tax
- Created: Monday, 04 December 2017 20:06
- Written by Andrew Gluck
With less than 30 days to act on a slew of one-time tax law savngs opportunities, the replay of Bob Keebler’s December 1st webinar about year-end planning gives you everything real financial professionals need to know now.
A4A is a community. Fritz Meyer, Craig Israelsen, and Bob Keebler collaborate with you direclty about low cost investing and financial planning. Low-expense financial planning professionals and investment fiduciaries love A4A's online continuing professional education.
Don’t take my word for it. Keebler’s average rating of 4.8 and these comments below say
What Is the Marginal Tax Rate on Pass-through Business Income?
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- Category: Tax
- Created: Monday, 26 February 2018 00:00
- Written by Glenn Daily
I am a sole proprietor and a C-corp owner, so the 2017 tax legislation (unofficially, the Tax Cuts and Jobs Act) affects me in multiple ways.
I had a simple question: What is the marginal tax rate on sole proprietor income, taking account of the new deduction for "qualified business income"?
Tontines Are Coming, Someday
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- Category: Retirement
- Created: Sunday, 26 March 2017 22:53
- Written by Glenn Daily
Tontines are coming, someday.
That’s my hopeful takeaway from Tom Verde’s “When Others Die, Tontine Investors Win” in today’s New York Times.