The TCJA’s new deduction for owners of pass-through entities can be 20% of qualified business income. But a wage-based limit applies if an owner’s taxable income exceeds certain levels. Find out how the limit wor
Private foundations that violate conflict-of-interest rules risk costly taxes and even loss of their tax-exempt status. That’s why you need to know what types of transactions are off-limits and which stakeholders are prohibited from participating in them.