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.

The new tax law has changed the energy investing landscape with expanded incentives and permanent tax benefits for oil and ...

Brex reports LLC owners can reduce taxable income through 16 deductible expenses. Proper tracking prevents missed deductions ...

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 ...

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 ...

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), ...

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.

Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their ...

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 ...