Treasury Department Releases Regulations on Pass-Through Income
Government Affairs
On: January 25, 2019 | By: NDA
The deduction is generally available with few limitations to small business owners with income below $315,000 for married couples filing jointly and $157,500 for single filers without limitations. Additional rules and limitations apply to higher-income earners.
NDA members who have queries regarding the proposed regulations are encouraged to submit questions to their tax professionals.
Members with questions about these issues can contact Kevin McKenney at kmckenney@demolitionassociation.com.
Back to Demolition Insights Home