Author: Jeff Benson

Overview of Qualified Business Income Deduction

January 24, 2018 by Jeff Benson
Copeland Buhl
The Tax Cuts and Jobs Act adds a new deduction for noncorporate taxpayers for qualified business income (QBI). The deduction is also referred to as the “pass-through deduction.” It should provide a substantial benefit to individuals with QBI.  The deduction reduces taxable income, rather than adjusted gross income, but is...
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2018 Individual Tax Law Changes

January 22, 2018 by Jeff Benson
Copeland Buhl, Tax Services
The recently enacted Tax Cuts and Jobs Act included many tax changes that will impact individual taxpayers.  Most changes are effective starting in 2018 and end in 2025.  This article includes our top 10 list of these changes.  Future articles will dive into the details of some of these changes....
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