Congressional Research Service Issues In Focus White Paper on Section 199A Deduction for Pass-Through Business Income
December 04, 2024
December 04, 2024
WASHINGTON, Dec. 4 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper (No. IF12838) on Dec. 3, 2024, by economics specialist Mark P. Keightley.
Here are excerpts:
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Selected Issues in Tax Policy: Section 199A Deduction for Pass-Through Business Income
The 2017 tax revision (P.L. 115-97, also known as the Tax Cuts and Jobs Act or TCJA) created a temporary tax deduction for pass-through businesses under . . .
Here are excerpts:
* * *
Selected Issues in Tax Policy: Section 199A Deduction for Pass-Through Business Income
The 2017 tax revision (P.L. 115-97, also known as the Tax Cuts and Jobs Act or TCJA) created a temporary tax deduction for pass-through businesses under . . .