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Save Thousands Of Dollars In Taxes By Doing This One Thing!

First things first. Your Section 199A tax deduction will benefit from your business’s W-2 wages paid to you and your employees if you are married and filing jointly and your taxable income is over $315,000 and less than $415,000; are filing as single or head of household and your taxable income is over $157,500 and …

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7 Things You Need to Know About Your Section 199A Deduction

  For most small businesses and the self-employed, the 20 percent tax deduction from new tax code Section 199A is the most valuable tax deduction to come out of the Tax Cuts and Jobs Act tax reform. The Section 199A tax deduction is complicated, and many questions remain unanswered even after the IRS issued its …

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