Tax reform gives you a new 20% Section 199A deduction on pass-through income. But be aware the IRS requires that you pay yourself "reasonable compensation." If you don't, you can torpedo your deductions and be forced to pay extra
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Tax reform gives you a new 20% Section 199A deduction on pass-through income. But be aware the IRS requires that you pay yourself "reasonable compensation." If you don't, you can torpedo your deductions and be forced to pay extra