Take a look at the domestic production activities deduction
$225.00
Description
Abstract: The domestic production activities deduction provides a tax break for certain “domestic production activities.” Unfortunately, many businesses tend to overlook it because they believe the tax break applies only to a few industries. This article points out that the deduction remains available to a wide range of businesses for the 2017 tax year and delves into some industry-specific details. A sidebar discusses IRS guidance on the W-2 wage limitation to taxpayers with a short taxable year as it applies to the domestic production activities deduction.
Additional information
Year | |
---|---|
Niche | |
Newsletter | |
Issue | |
Word Count |