Submitted by: Jennifer Dizon, CPA, Hood & Strong LLP Final IRS regulations on the qualified business income deduction are out. How will they affect your 2018 taxes? The Tax Cuts and Jobs Act (TCJA) includes a generous deduction for smaller businesses that operate as pass-through entities, with income that is "passed through" to owners and taxed as individual income. The IRS has released final regulations and additional guidance for the [...]