SPECIAL EDITION! Business Builder: New 20% Qualified Business Income Deduction

Posted By: Kathryn Freemon News Releases,

The Augusta Metro Chamber of Commerce is pleased to host a Special Edition! Business Builder with SME CPAs on Thursday, August 30 to review the new 20% Qualified Business Income Deduction. Guest speakers Paul Wade and Ben Braxton will dive into the new deduction rule and teach participants how to maximize the benefits of the new business income deduction for their business.


The 20% Qualified Business Income Deduction is potentially one of the most beneficial tax breaks for small businesses in recent history – if it is properly utilized. Because of the law’s complexity, it is vital that small business owners understand how things like entity choice, capitalization decisions, owner’s compensation and more can impact the extent of the benefit gained from it.


Paul Wade, Partner at SME CPAs, earned his Masters of Business Administration from the University of Georgia with concentrations in accounting and finance. He passed the CPA exam in 2006 with a top 10 score in the state of Georgia. Ben Braxton earned his Post Graduate Diploma in Financial Economics at the University of Strathclyde in Glasgow, Scotland. He moved to Augusta in the fall of 2013 when he joined SME CPAs and earned his CPA designation in 2016. Both Paul and Ben specialize in corporate and individual tax and accounting.


This Special Edition! Business Builder event will be held at the Augusta Metro Chamber office from 11:30 am to 1:00 pm and lunch is provided. Attendance is complimentary for Chamber members, $15 for prospective-members. Advanced registration is required at AugustaMetroChamber.com. Deadline to register is Monday, August 27.


Due to limited space, please limit to one (1) representative from each company. The Chamber will validate parking at one of three convenient locations: 1) Marriot surface lot on 10th Street. 2) Marriott underground parking deck (mention Chamber event to attendant if on duty). 3) Reynolds Street Parking Deck.


In pursuant of its mission, the Augusta Metro Chamber of Commerce provides programs and services to our members that enhance their profitability, productivity and overall success.