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The Tax Cuts and Jobs Act (TCJA)’s special 20% individual income tax deduction for owners of pass-through businesses was always going to disproportionately benefit the wealthy. The Joint Committee on Taxation projected that half the benefits of the provisions would go to millionaires and only a small fraction would help taxpayers making less than $200,000. But now Treasury has proposed new rules to fill in key details for the pass-through deduction, which make it harder for moderate-income employees to lower their taxes by becoming a contractor while making it easier for many high-income owners of service businesses to shrink their tax bill.