RUNNING YOUR OWN BUSINESS IS A HELL OF A DRUG: Running your own business is a hell of a drug with the new Section 199A buisiness income deduction. This allows small businesses a deduction of 20% of qualified business income earned in a qualified trade or business. Qualified trades and businesses include all trades and businesses except for performing services as an employee. Qualified business income is the net amount of qualified items of income, gain, deduction, and loss in accordance with a qualified trade or business under Section 199A. Activities must be effectively connected with the conduct of a business in the United States jurisdiction. If you have any questions in reference to Section 199A Qualified Business Income Deduction - contact 800-558-6821 or send a message @stephensbrostaxservice #Deductions #Section199A #Qualified #Business #Income #IncomeTax #StephensBrosTaxService #HellOfADrug #RunningOwnBusiness #RickJames https://www.instagram.com/p/BocVtwQhjYl/?utm_source=ig_tumblr_share&igshid=aorz0mdg0ywl















