Advisors Could Benefit From Bill To Limit Pass-Through Deduction

    Telemus In the News
    | September 15, 2021

     

    Clients with certain pass-through entities need to know about a new bill that could affect their taxes.

    Chief Wealth Officer, Andrew Bass, spoke with Financial Advisor Magazine about possible results of The Small Business Tax Fairness Act, recently introduced in the Senate by Sen. Ron Wyden (D-OR), that aims to reorganize the Sec. 199A qualified business income (QBI) deduction for pass-through entities.

     

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    The article provided above, and the information contained within, is from a third party source, which we believe to be reliable, however Telemus cannot guarantee the accuracy or completeness of such information, and certain information may have been condensed or summarized from its original source. The author of this article is Jeff Stimpson, of Financial Advisor Magazine™ which is owned and operated by an independent third-party. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Telemus Capital. All opinions expressed in this article are for general informational and/or educational purposes. These opinions are subject to change without notice and are not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Telemus Capital does not provide tax, legal or accounting advice, and nothing contained in these materials should be relied upon as such.

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