How Tax Reform Affects Owner-Operators
DAT Solutions
MARCH 8, 2018
The Tax Cuts and Jobs Act will affect owner-operators starting this year, and continuing through at least 2025. The Tax Cuts and Jobs Act added a 20% deduction for any taxpayer that has Qualified Business Income (QBI) from a sole proprietorship, partnership, or S-corporation. Changes to Depreciation and Section 179 Expensing.
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