Qualified Business Income

Published: June 2, 2022, 5 p.m.

b'In 2018, the corporation tax rate decreased from 35% to 21%. At the same time, the Qualified Business Deduction (QBI) was introduced. This podcast covers the Qualified Business Deduction, a tax deduction meant to even the playing field between corporations who pay their tax and businesses that pass their income to the shareholders or partners.\\n\\nHawkins Ash CPAs is a full-service public accounting firm providing individuals, businesses and organizations the services they need to save taxes, preserve wealth and maintain compliance. We have offices in Wisconsin and Minnesota.\\n\\nListen to more of the Tax Insights Podcast at hawkinsashcpas.com/cpa-hq/podcast/'