Drake Software blog for tax pros, covering tax, IRS news, and more

John Sapp, CPA, Explains the QBI Safe Harbor Rule – E41

What is the QBI safe harbor rule?

(This podcast was originally featured on JournalOfAccountancy.com.)

Drake Software Vice President of Strategic Development John Sapp, CPA, recently visited the Taxing Subjects Podcast studio to discuss another hot topic: the section 199A qualified business income deduction.

After a quick explanation of QBI, John explained the new safe harbor rule and Forms 8995 and 8995-A. If you’re interested in learning more about the latest developments for a deduction introduced in the Tax Cuts and Jobs Act, check out this episode.

Want a handy QBI resource? Download the "Does My Client Qualify for QBI?" infographic.

Ryan Norton

Whether designing superheroes, penciling caricatures, or just doodling, I always knew I was going to earn some sort of art degree while in college. That was my goal before I decided to trade Edgar Degas for Edgar Allan Poe during a Freshman English class. The BA in English soon morphed into a double-major in English and Philosophy, eventually becoming an MA in English. It only makes sense that I learned of a writing opportunity for a local marketing firm while teaching a first-year college English course. Before I knew it, I was writing and editing tax-related articles for Taxing Subjects, and this has been my home since 2014.