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2. How to Reduce Your Taxes on Pass-Through Income - AOL

   www.aol.com/6-smart-ways-reduce-taxes-130049484.html

   How Can Pass-Through Income Reduce Taxes? With the Tax Cuts and Jobs Act of 2017, business owners of pass-through entities may qualify for up to a 20% tax deduction on eligible income. This tax ...

3. Internal Revenue Code section 162 (a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   It concerns deductions for business expenses. It is one of the most important provisions in the Code, because it is the most widely used authority for deductions. [1] If an expense is not deductible, then Congress considers the cost to be a consumption expense. Section 162(a) requires six different elements in order to claim a deduction.

4. Internal Revenue Code section 212 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Internal Revenue Code § 212 (26 U.S.C. § 212) provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities. Taxpayers are allowed to deduct all the ordinary and necessary expenses paid or incurred during the taxable year-- (1) for the production or collection of income;

5. Pass-through (economics) - Wikipedia

   en.wikipedia.org/wiki/Pass-through_(economics)

   In addition to the absolute pass-through that uses incremental values (i.e., $2 cost shock causing $1 increase in price yields a 50% pass-through rate), some researchers use pass-through elasticity, where the ratio is calculated based on percentage change of price and cost (for example, with elasticity of 0.5, a 2% increase in cost yields a 1% increase in price).

6. Flow-through entity - Wikipedia

   en.wikipedia.org/wiki/Flow-through_entity

   [2] whose owners pay taxes as if it were personal income at a much lower rate. This represents a large tax cut for owners that is capital as opposed to labor. Approximately the largest 2% of pass-through businesses represent 40% of pass-through income and today are taxed at 39.6%, the top individual rate." [2]

7. Taxes 2022: How Small Businesses Can Deduct Home Office Expenses

   www.aol.com/taxes-2022-small-businesses-deduct...

   If you're self-employed and use part of your home for business purposes, you may be able to deduct certain related expenses. To claim the home office deduction on your 2021 tax return, the IRS says...

8. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   The adjacent table lists the tax rates on corporate income applied by each state, but not by local governments within states. Because state and local taxes are deductible expenses for federal income tax purposes, the effective tax rate in each state is not a simple addition of federal and state tax rates.

9. File:Federal taxes by type.pdf - Wikipedia

   en.wikipedia.org/wiki/File:Federal_taxes_by_type.pdf

   It is recommended to name the SVG file “Federal taxes by type.svg”—then the template Vector version available (or Vva) does not need the new image name parameter. Summary Description Federal taxes by type.pdf