SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Section 199A dividends are distributions from the profits of domestic real estate investment trusts ...

It’s tax time, and for many New Hampshire business owners, the annual 20% federal income tax deduction potentially available to them under Internal Revenue Code Section 199A will be hugely important.

Over 90% of businesses in the US are organized as flow-through entities, making the 20% deduction for qualified business income under section 199A one of the most significant deductions in the Code.

The Internal Revenue Service released final regulations Wednesday on how a regulated investment company that receives qualified real estate investment trust dividends should report the dividends paid ...

On June 24, 2020, the Internal Revenue Service (the “IRS”) and the U.S. Department of Treasury (“Treasury”) issued final regulations (the “Final Regulations”) on the application of the “passthrough ...

Senate Finance Committee Chairman Senator Ron Wyden (D-OR) introduced a bill to make changes to the Section 199A deduction. The key changes are as follows: The proposal does simplify the calculation ...

GREENVILLE, N.C. (WITN)- Thursday, businesses and stakeholders gathered alongside Congressman Greg Murphy to discuss past, present, and future effects of Section 199A Deduction. What is Section 199A?

The IRS released guidance on the Section 199A qualified business income deduction on August 8th. Our panel will discuss the IRS guidance and planning opportunities and challenges that it creates. This ...

Like it or not, we’re now deep in the heart of tax time. As you may know, Internal Revenue Code Section 199A provides to most owners of New Hampshire businesses a 20% annual federal income tax ...

Watch Benjamin M. Willis, contributing editor with Tax Notes Federal, and Jed Bodger, vice president of taxation at the Sierra Nevada Corp., discuss their recent article examining how the Biden-Harris ...

Section 199A, part of the 2017 Tax Cuts and Jobs Act (the “Tax Act”), permits owners of non-corporate businesses to deduct up to 20 percent of the owner’s share of income from the business. Like many ...