Practical Guide to the Sec. 199 Deduction (Second Edition) offers an insightful look at the ins and outs of this powerful and far-reaching tax break for U.S. businesses. The Guide is written by Jim Kehl, a top tax expert in the area and reflects the wide-ranging impact of Final Regulations issued in 2006; changes made by the Tax Increase Prevention and Reconciliation Act of 2005 on wage limits and partnership or shareholder "wage" considerations; and new strategies and opportunities that can now be explored in light of all these changes.