Free tax tutorials on 20 percent business deduction, and more
Changes to the tax code that could save REALTORS® thousands of dollars were enacted last year. The most significant change is a new business income deduction that allows independent contractors to deduct 20 percent of net business income.
To help you understand the changes and see how they may apply to you, the National Association of REALTORS® (NAR) has released a series of video tutorials. These tutorials cover topics that affect your taxes as a REALTOR® and as a homeowner or renter.
Don’t wait until tax season is in full swing – learn about the changes and how they affect you now so that you can take full advantage of the tax savings.