Plumbing the mysteries of Section 199A

Article on Plumbing the mysteries of Section 199A

In an article published on Oct. 30, 2018 in Accounting Today, shareholder and chair of Chamberlain Hrdlicka’s Philadelphia federal tax practice Jerry August discusses open issues that still linger after new proposed regulations for Section 199A of Tax Cuts and Jobs Act were examined, which provides a 20 percent deduction on qualified business income. August says, “The proposed regulations cover important definitional, computational and anti-avoidance guidance. However, there are still open issues. There are a lot of weeds in these regulations.” For the full article you may click here.