Is your Agency Leveraging the QBI Deduction?

If you operate your agency as a pass-through entity, (proprietorship, partnership, or S-corporation), the profits of that business can generate you a big Section 199A tax deduction. Agency – No-Problem Businesses You qualify for the Section 199A deduction, regardless of pass-through business type—when you have Pass-through qualified business income (QBI), and  2019 Form 1040 taxable income equal to or less than $160,700 (single / head of household) or $321,400 (married,…  Read more

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