2min chapter

Retire With Purpose - The Retirement Podcast cover image

473: Retirement Tax Planning: Exploring the Impact of a Republican Trifecta on Your Taxes and Bottom Line

Retire With Purpose - The Retirement Podcast

CHAPTER

The Qualified Business Income Deduction and its Impact on Various Professions

This chapter explores the qualified business income deduction from the Tax Cuts and Jobs Act and its implications for different business structures, particularly pass-through entities. It also examines the potential for changes to these tax laws in 2025 as industries advocate for broader eligibility.

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