Long Awaited Proposed Regulations on the Qualified Business Income Deduction Are Issued
On August 8, 2018, the IRS released proposed regulations on Code Sec. 199A, one of the major tax breaks enacted as part of the Tax Cuts and Jobs Act of 2017. The proposed rules, which run to 184 pages, address many issues that had been of concern to practitioners, such as the definition of a […]
