The qualified business income deduction, also known as QBI, is one of the most powerful deductions still on the books for ...

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

Entrepreneurs have no shortage of responsibilities — or business expenses — that can often feel overwhelming, especially during tax season. Fortunately, small business owners are often eligible for ...

The One Big Beautiful Bill is the latest tax bill aimed at making cash flows better for businesses and encouraging investment ...

Since passed in late 2017, millions of returns have claimed the deduction, growing from 18.7 million returns in 2018 to 25.9 million returns in 2021, according to IRS data. Trade groups are sounding ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

Small businesses are one of the bedrocks of the U.S. economy, employing nearly half of the American workforce and representing over 40% of America’s GDP. Challenges like inflation and high supply ...

Filing small business taxes for the first time (or any time, really) can feel daunting, but it doesn't have to totally ruin ...

Harris has proposed expanding the small business tax deduction from $5,000 to $50,000. Experts told BI the proposal would shift the timing of deductions and isn't all that pricey. If the proposal ...