By Asta Stark, CPA One of the changes ushered in by the Tax Cuts and Jobs Act is a new deduction on a personal tax return for pass-through business owners, called the 199A deduction. For these individuals, the deduction could provide up to a 20 percent tax deduction for qualified business income. The deduction also applies to trusts that own an interest in a pass-through entity. Although the deduction might sound fairly straightforward, … [Read more...]