The Great Reprieve: The Future of 199A and Strategies for Business Owners

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As we look ahead to the potential extension of the qualified business income (QBI) deduction, small business owners need to maximize this opportunity while preparing for future changes. We understand the importance of ensuring growth and profitability within pass-through entities such as LLCs, Partnerships, and S-Corporations. To help business owners make the most of this opportunity, we will explore various strategies and case studies, including executive bonus, split dollar, and key person. By proactively implementing these strategies, small businesses can not only capitalize on the current QBI deduction, but also establish a solid foundation for long-term success.