Has the Biden administration proposed rolling back the Section 198 deduction on these pass-through incomes, thus potentially increasing taxes on some 95 percent of small businesses that are organized as pass-through businesses?
Pete Stauber: “Has the Biden administration proposed rolling back the Section 198 deduction on these pass-through incomes, thus…”
Editor's note · Context
Stauber asks about tax implications for the majority of small businesses.
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