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 ...

A collective of financial services organizations is urging Congress to extend and expand the Section 199A tax deduction, arguing that it currently disadvantages independent financial advisors relative ...

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 ...

Legislation to extend the 20% deduction for pass-through businesses beyond its expiration date in 2025 is attracting bipartisan support in the House and Senate. The Section 199A deduction was included ...

Rep. Gwen Moore, D-Wisconsin, a member of the tax-writing House Ways and Means Committee, introduced legislation Thursday to expand the Section 199A Qualified Business Income deduction to provide a ...

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?

To individuals who have ownership interests in pass-through businesses (whom I’ll refer to here as “qualified taxpayers”), Internal Revenue Code Section 199A provides huge annual federal income tax ...

On Dec. 27, 2017, Donald Trump, who was then president of the United States, signed a major federal tax bill called the Tax Cuts and Jobs Act of 2017. The principal purpose of the bill was to provide ...