Jordan August Co-Authors Article for Journal of Corporate Taxation on Application of Section 199A
August 13, 2018
The recent tax reform legislation in the Tax Cuts and Jobs Act enacts the Section 199A "pass-through" deduction for businesses, granting eligible owners with a 20 percent deduction attributable to a certain income generated by the business.
August wrote that this deduction should be considered by businesses when planning for the impact of business income that may or may not be effectively connected with a U.S. business.
Read the article.