The Tax Cuts and Jobs Act (TCJA) that was passed at the end of 2017 was one of the biggest pieces of tax reform legislation that has been passed by this country in decades. The new legislation brings a multitude of planning opportunities for small business owners, most notably under new Section 199A, which introduces a new 20 percent deduction on “Qualified Business Income” (QBI) for certain pass-through business entities. However, as with most pieces of tax code, it’s anything but simple. Important components of the 199A deduction apply to optometry, and there are strategies you can use to help minimize your tax bill. This story from Review of Optometric Business features tips to help you get started planning now to reduce your tax bill. Read More.