By Tom Bodin, CFA Starting in 2022, there may be two significant income thresholds facing S-Corp business owners: the Qualified Business Income Deduction (QBID) and the proposed Net Investment Income Tax (NIIT) found in the Build Back Better legislation. The challenge, then, is to identify strategies to maintain the tax benefit of the S-Corp entity without limiting business profitability, recognize applicable income thresholds, and apply a toolset to show an effective approach to minimizing taxes given the above thresholds. Tom Bodin To that end, let’s explore some approaches to managing income and engineering modified adjusted gross income (MAGI) for an S-Corp small business owner. Specifically, we’ll look at a Specified…