Qualified Business Income Deduction is a Tax Deduction for small business owners to deduct up to 20% of their qualified business income on their taxes.
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Accountants that specialize in the laws, rules, and regulations for the preparation and calculation of federal, state, and local taxes are typically known as tax accountants. Tax accountants provide a range of tax-related services to both individuals and businesses, which can include preparing and filing tax returns. cpa near me