Extension of Qualified Business Income Deduction The Trump 2025 tax plan proposes extending the 20% Qualified Business Income (QBI) deduction, which was introduced in 2017 to benefit pass-through businesses such as sole proprietorships, partnerships, and S-corporations. The deduction allows eligible businesses to reduce taxable income, lowering overall tax burdens. Supporters argue t... https://www.federalpensionadvisors.com/post/trump-child-tax-credit-2025