The Importance of Conversion

There's a new thing called this 20% pass-through deduction. It applies to any business owner up to a certain amount of income. If you converted that income from employment income to self-employment income, getting a $10.99 instead of a W-2. That's immediate money in your pocket. You're never going to have to give it back because this is a permanent tax benefit. This is just one. Okay, so I'm gonna go over the other four.