By:  Ron Morgan Effective for tax years from 2018 through 2025, new Internal Revenue Code Section 199A generally provides for a deduction of 20% of “qualified business income” received from sole proprietorships or so-called “pass through” entities (partnerships, limited liability companies, and S corporations).  The deduction does not apply to W-2 income that you receive … Continue reading How Vermont Business Owners Can Begin Planning NOW for the New Federal “Pass Through Entity Income Tax Deduction” under Section 199A