Even if your business does not manufacture anything, you may still qualify for the Section 199 deduction, commonly referred to as the manufacturer’s deduction or the Domestic Production Activities Deduction (DPAD). It is called this because it is designed to encourage manufacturing within the United States. However, it can give tax breaks to a broad range of businesses, not only manufacturers. Discuss whether your company qualifies for this tax break on your 2016 tax return with one of our expert tax advisors.
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