IRS Issues Proposed Regulation on a New 20 Percent Deduction for Pass Through Businesses

The Internal Revenue Service (IRS) issued a proposed regulation on August 8, 2018 for a new provision know as Internal Revenue Code (IRC) Section 199A. Section 199A of the IRC allows many owners of sole proprietorships, partnerships, trusts and S corporations to deduct twenty-percent of their qualified business income. Please contact us to discuss how these changes affect your individual tax situation.

By Edwin W. Russell | Published August 16, 2018 | Posted in Business Services | Comments Off on IRS Issues Proposed Regulation on a New 20 Percent Deduction for Pass Through Businesses

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- Shareholder Gary M. Lang will serve as the course planner and one of the presenters for a Pennsylvania Bar Institute Seminar entitled "Joint and Several Liability in 2018" on Monday, April 30, 2018, from 9:00 a.m. until 12:15 p.m. The program will be presented at the Heinz 57 Center. The Pennsylvania Bar Institute is the educational arm of the Pennsylvania Bar Association. He will be joined as a presenter by Associate Joshua R. Lamm.
- On Friday, April 27, 2018, Shareholder Gary M. Lang will serve as a lecturer for a seminar entitled "Personal Injury Bootcamp" at the Spring Hill Suites, Pittsburgh South Side Works for the National Business Institute. The seminar will take place between 9:00 a.m. and 4:30 p.m. Mr. Lang will be discussing trying a personal injury case and ethics.
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