After much waiting, the IRS has provided the final rules for the new 20% deduction for pass-through businesses. The final rules are said to make it much easier for a business owner to determine whether they can receive the tax break or not.
In a Bloomberg article on the deduction, Friedman's Michael Greenwald shared his insight and expertise on the new rulings. "We're seeing a lot of anomalous results," said Greenwald, explaining how the deduction isn't available evenly, even within industries.
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