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Pass-Through Entities Income Taxes Comment Period

McGuireWoods LLP

IRS Proposes Regulations on New Section 199A Passthrough Deduction

McGuireWoods LLP on

On August 8, the Internal Revenue Service (IRS) and the Department of the Treasury released proposed regulations on new section 199A, the 20 percent deduction for qualified business income, added to the Internal Revenue Code...more

K&L Gates LLP

Section 199A (to Z): Simplifying the Tax Code for Small Businesses is Complicated

K&L Gates LLP on

The Internal Revenue Service (“IRS”) has released proposed regulations explaining how taxpayers should calculate the Section 199A deduction for qualified business income. ...more

Burr & Forman

IRS Issues New Proposed Regulations on Section 199A 20% Deduction for Pass-Through Businesses

Burr & Forman on

The Internal Revenue Service yesterday issued its much-anticipated Proposed Regulations on the new Section 199A 20% deduction for owners of pass-through business entities. This important deduction was created under the 2017...more

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