Bailey, William A. <br/><br/>
Mechanics of the new Sec. 199A deduction for qualified business income 

<br/><br/> The article offers information related to Tax Cuts and Jobs Act, which is one of the most important provisions in P.L. 115-97. Topics discussed, include significant tax benefit for many noncorporate businesses; calculations involving cooperative dividends and real estate investment trust (REIT) dividends, and short-term and long-term capital gains and losses, dividends and interest income related to trade and business.