The new OBBBA law offers small businesses bigger tax deductions, permanent QBI relief and immediate R&D expensing in 2025 — ...

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

The higher standard deductions that the Tax Cuts and Jobs Act instituted have been permanently extended and slightly ...

Are you self-employed and wondering how to maximize your tax deductions for tax year 2024? Here’s a look at the best tax write-offs you don’t want to miss: If you're an eligible business owner, the ...

The "One Big Beautiful Bill" (OBBB) passed earlier this summer implemented a host of tax changes (while keeping around ...

SALT deduction cap temporarily raised from $10,000 to $40,000. PTETs allow businesses to bypass federal deduction limits. OBBBA permanently instates the 20% qualified business income deduction. Tax ...

A tax break that served as a lifeline and springboard for small businesses throughout the last eight years is set to expire at the end of 2025, potentially placing a larger burden on locally owned ...

Cannabis businesses' wages are ineligible for business income deductions for pass-throughs because they sell controlled substances, according to the U.S. Tax Court. The ruling on Sept. 11, 2025 ...

DAVENPORT, Iowa — U.S. Rep. Mariannette Miller-Meeks, R-Iowa, is urging lawmakers to act before the end of the year to extend a key tax break that benefits small businesses across the state. During a ...