Sec. 199A QBI deduction article wins JofA’s best article award


William A. Bailey, assistant professor in the Foster College of Business at Bradley University in Peoria, Ill., received the JofA's Lawler Award for the best article of 2018.

His article, "Mechanics of the New Sec. 199A Deduction for Qualified Business Income," JofA, May 2018, details the steps for calculating the deduction for individuals who earn income from passthrough businesses and determining who may claim it.

The award is named for John L. Lawler, a former JofA editor and AICPA senior vice president. Winners are chosen annually by the JofA's board of editorial advisers. A list of past winners is available at journalofaccountancy.com/lawler.

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.