(IRS) issued guidance for pass-through entities such as Sub-Chapter S corporations, sole proprietors, partnerships, and other forms of ownership except for C Corporations. Changes in the tax law are now allowing a 20% deduction of Qualified Business Income (QBI) for owners of these businesses.The PHCC Insurance, Safety, St Risk Management committee recently had its annual meeting hosted by corporate partner Federated Insurance in Owatonna, Minnesota. The topic of guns in the workplace was discussed at this meeting. There were no pro or con positions taken, just an examination of what rules might apply.
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