Here is why I LOVE my job!
I just saved my client $8,800 using this one Tax Strategy alone!
The Tax Cut and Jobs Act had massive changes for businesses. Unfortunately, many are not aware of the tax savings it can provide. Here is a example.
Example Tax Strategy: Section 199A
Section 199A of the Internal Revenue Code provides many taxpayers a deduction of up to 20% of qualified business income. That’s a 20% deduction right off the top!
Eligible taxpayers may also be entitled to a deduction of up to 20% of their combined qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income.
#cpa #austincpa #georgetowncpa #roundrockscpa #leandercpa#cedarparkcpa #libertyhillcpa #huttocpa #taxplanning #taxstrategies#taxdeductions #taxconsultant #taxpreparation #taxcutsandjobsact