Mistakes happen.
Oversights can occur.
But when it comes to your tax return, missing a major deduction can cost you tens of thousands of dollars.
Recently, while reviewing a new client’s return, I discovered something shocking—their previous accountant had never applied the Qualified Business Income (QBI) Deduction.
The result? They overpaid by a huge margin.
My team and I stepped in, corrected the oversight, and successfully helped them recover nearly $50,000.
That’s money they never thought they’d see again—all because one crucial tax strategy was overlooked.
What Is the Qualified Business Income (QBI) Deduction?
The QBI deduction, also known as the Section 199A deduction, allows eligible business owners to deduct up to 20% of their qualified business income.
It was introduced as part of the Tax Cuts and Jobs Act (TCJA) to support small business owners and entrepreneurs who operate pass-through businesses, including:
This deduction can significantly lower your taxable income—but only if it’s applied correctly.
Do You Qualify for the QBI Deduction?
You may qualify if you:
✅ Have pass-through business income (not a C-corporation)
✅ Earn Qualified Business Income (QBI) from your trade or business
✅ Fall under the IRS income thresholds:
Even if your income exceeds these limits, you may still qualify with proper tax planning.
Why Many Business Owners Miss This Deduction
Unfortunately, not all accountants pay close attention to QBI eligibility. Some may overlook it entirely, leaving business owners paying thousands more in taxes than necessary.
That’s exactly what happened with my client—until they switched to working with us.
When we corrected their returns, they got back nearly $50,000 in overpaid taxes.
Avoid a costly oversight.
If your accountant hasn’t discussed the QBI deduction with you, you could be missing out on one of the most valuable tax breaks available to small businesses today.
The truth is:
👉 This deduction could mean thousands of dollars back in your pocket.
👉 Many business owners qualify without even realizing it.
👉 Once missed, it can take proactive action to fix it.
Next Step: Find Out If You Qualify
Think you may be eligible for the QBI deduction but haven’t been taking advantage of it?
Let’s make sure you’re not overpaying on your taxes.
📅 Book a call with me today: Schedule here Don’t wait until it’s too late—your tax savings could be sitting right there on your return.