Want a 20% Business Deduction? Here Are the Obstacles
April 23, 2018
Talking Taxes: Ep.6
Taxes are complicated. But not in Richard Rubin’s world! In this video series, WSJ’s tax policy reporter explains different aspects of the tax code in a unique and entertaining way. Talk of deductions and exemptions has never been so fun.
Congress just created a new tax break for millions of pass-through businesses. But every business owner doesn’t automatically qualify. WSJ’s Richard Rubin overcomes the obstacles to claim the 20% pass through business deduction – on an actual obstacle course.
It’s a significant tax benefit, but not all business owners qualify.
Watch the video here.