The Qualified Business Income Deduction lets many small business owners deduct up to 20% of their income. Unless Congress ...

A new report outlines the benefits the 20% Small Business Tax Deduction will bring to Ohio if it is made permanent.

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 ...

A frequent misconception among business owners is that taxes are a once-a-year obligation. In reality, tax planning requires ...

Operating a small business is challenging, and for most entrepreneurs, accounting is only one of several hats they have to ...

It makes no sense to have a tax code that penalizes business owners for investing in their factories, workers and communities ...

Newly-incorporated businesses would pay reduced income tax, and tech upgrades would face extra deductions, under new ...

Understanding which IRS tax forms your small business must file and ... A few common business tax forms include: Expenses for Business Use of Your Home (Form 8829): Used to calculate home office ...

Proactive tax planning can save small business owners thousands of dollars and give them a clear picture of their financial position.

By Greg Aguirre The Tax Cuts and Jobs Act that Congress passed in 2017 was undoubtedly one of the cornerstones of President ...

The Qualified Business Income Deduction lets many small business owners deduct up to 20% of their income. Unless Congress ...