20% Pass-Through Deduction

What is the Qualified Business Income Deduction? Section 199A of the Internal Revenue Code provides many taxpayers a deduction for qualified business income from a qualified trade or business operated… Read more »

How To Figure Estimated Tax

Individuals, including sole proprietors, partners, and S corporation shareholders, generally useĀ Form 1040-ES (PDF), to figure estimated tax. To figure your estimated tax, you must figure your expected adjusted gross income,… Read more »