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Posts Tagged ‘Business Income Tax’

What is the Qualified Business Income Tax Deduction? Everything You Need to Know

By WKB Accounting LLC | January 18, 2022
What is the Qualified Business Income Tax Deduction?

If you are currently self-employed or run a small business, there are many different tax deductions that you might be able to qualify for. One example of these deductions is the Qualified Business Income (QBI) deduction, which can lower your federal tax obligations by as much as twenty percent. That’s a pretty big chunk of…

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