Part 2 of our Big Beautiful Tax Bill video series is here—and this week we’re talking about one of the most valuable deductions available to small business owners: the Qualified Business Income (QBI) Deduction.
If you’re a sole proprietor, S corporation owner, or run a partnership or LLC, the QBI deduction may allow you to deduct up to 20% of your qualified business income—without adding more expenses or changing how you operate. That’s real money back in your pocket.
But like most things in the tax code, there’s a catch: not everyone qualifies. The deduction phases out for certain industries and income levels, and it gets especially tricky for service-based businesses like consultants, doctors, and accountants. Your entity type, total taxable income, wages paid, and even the value of your business assets can all factor in.
In our video, we break down:
- Who qualifies for the QBI deduction
- Common mistakes that disqualify business owners
- Why your 2025 income strategy needs to factor in QBI now—not next April
- How S Corp wages and business structure impact eligibility
📺 Watch Part 2 of the Big Beautiful Tax Bill series now.
👉 YouTube Video
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Whether you’re just starting out or you’re scaling your business, understanding the QBI deduction can make a big difference in your tax liability. We’re here to help you keep more of what you earn and build a lasting legacy.
If you want to see how we can help you, book a free discovery call today.