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USA: What is the Qualified Business Income ("QBI") Deduction and how can you use it?

The Tax Cuts & Jobs Act of 2017 was a sweeping tax package that has brought significant tax changes to individuals and corporations.  This tax alert from Joshua Prince at MichaelSilver discusses the eligibility and some of the many limitations of the QBI Deduction.  [Read More]

USA: Illinois Tax - what's new?

With the US tax filing season already upon us, there are many changes that Illinois tax filers may want to keep in mind.  [Read More]
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