The Internal Revenue Service hasn’t been properly vetting millions of dollars in deductions claimed for the qualified business income tax break that could be erroneous, according to a recent report.

Business owners have a lot to unpack in the One Big Beautiful Bill Act (OBBBA). Here's how it incentivizes the C-corp structure, particularly in growth-focused businesses.

The qualified business income (QBI) deduction was a centerpiece of the 2017 Tax Cuts and Jobs Act (TCJA). The write-off is available to eligible individuals through 2025. Back To Top ...

As we near the beginning of the race to complete our 2021 taxes, there is still time to decrease your small business taxes for 2021. You can also increase your QBI business tax deduction by increasing ...

High-earning business owners now have an opportunity to take a massive tax deduction thanks to the One Big Beautiful Bill Act. Still, they may have to implement some financial planning advice to ...

The following piece was contributed by Alex Greer, an Associate Wealth Advisor at Pathfinder Wealth Consulting. On July 4, ...

Clients with certain pass-through entities need to know about a new bill that could affect their taxes. The Small Business Tax Fairness Act, recently introduced in the Senate by Sen. Ron Wyden (D-OR), ...

The 2017 Tax Cuts and Jobs Act has resulted in numerous changes to the tax laws— both on the individual and business levels. Some of the most impactful changes affecting 2018 and beyond are those ...