A significant but complicated tax deduction for business owners that could expire at the end of next year has delivered savings for some — especially the wealthiest owners. Its impact on jobs and ...

A sizable tax deduction for the qualified business income of pass-through entities faces potential expiration next year. A panel of university economists and one of the most influential think tanks in ...

One of the top-of-mind questions business clients look to accounting professionals for guidance on is, "Which entity type will maximize my tax deductions and minimize tax liability?" With the ...

With the right strategies in place, it is possible to maximize the deduction and lock in significant, recurring savings.

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 ...

For businesses taxed on their income at the entity level, most commonly organized as C corporations, the TCJA dramatically reduced the corporate income tax rate from a graduated rate topping out at 35 ...

With this year’s tax filing deadline quickly approaching, it’s important for self-employed individuals to get a clear sense of what they may owe and how they can minimize their tax bills. Even if you ...