Gauging the Height of the Specified Service Business Guardrail
K&D shareholder, Daniel L. Mellor authored the following article, “Gauging the Height of the Specified Service Business Guardrail“, which appeared in the February 5, 2018 issue of Tax Notes. In this article, Mellor examines the key definitional element of the new 20% deduction for passthrough income under the recently-enacted Tax Cut and Jobs Act: the qualified business income deduction for specified service businesses.