The Tax Cuts and Jobs Act -- signed into law on December 22,
2017 — gave birth to a brand new provision: Section 199A, which permits owners
of sole proprietorships, S corporations, or partnerships to deduct up to 20% of
the income earned by the business. While the provision has the potential to
bestow a tremendous benefit upon owners of these pass-through businesses, since
its enactment, no one has been able to, well... figure out how the whole thing
works.
Questions: http://www.rehcpas.com/