Easiest 20% QBI Deduction Calculator: Updated 2023 & 2024 - Internal Revenue Code Simplified
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The 199A Qualified Business Income (QBI) deduction allows restaurant owners and other small business operators to keep a percentage of their earnings—fueling reinvestment, job creation, and growth. But this vital deduction is set to expire at the end of 2025. As the Senate debates its version of the bill, let’s protect restaurant operators and make the deduction permanent. #PolicyThatServes | Restaurants Act
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