If your accountant told you to hold off on taking big steps to qualify for the new business owner tax break, you should thank him or her.
That's because your CPA just saved you a big headache.
The IRS proposed a new rule on Aug. 8, addressing the 20 percent qualified business income deduction. This is a break for so-called pass-through entities, including sole proprietorships and S-corporations.
The deduction was attractive enough that entrepreneurs who otherwise would not qualify turned to their CPAs and lawyers for creative strategies, including spinning off part of their business into a separate entity.