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Bloink & Burns discuss several potential strategies to help small-businesses minimize taxes by maximizing the QBI deduction value for 2018.

Now that the IRS has released its proposed regulations interpreting the new IRC Section 199A deduction for qualified business income (QBI) of certain pass-through entities, small-business clients should be advised to perform an end-of-year checkup focused on action steps that could potentially allow the client to maximize the value of the QBI deduction.

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