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Tag Archives: domestic production

Deduction for Domestic Production

The “manufacturers’ deduction” isn’t just for manufacturers

By Legacy Protection, LLP |

The Section 199 deduction is intended to encourage domestic manufacturing. In fact, it’s often referred to as the “manufacturers’ deduction.” But this potentially valuable tax break can be used by many other types of businesses besides manufacturing companies. Sec. 199 deduction 101 The Sec. 199 deduction, also called the “domestic production activities deduction,” is… Read More »

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