The end of this tax break could be ‘very disruptive' to business owners, expert says — what to know

Enacted via the Tax Cuts and Jobs Act of 2017, the qualified business income deduction, or QBI, is worth up to 20% of eligible revenue, subject to limitations.

"It's something that is very important to a lot of privately held businesses," said Howard Gleckman, senior fellow at the Urban-Brookings Tax Policy Center., which report income at the individual level, such as sole proprietors, partnerships and S-corporations, along with some trusts and estates.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen