Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI.

Business expenses are the costs incurred in the ordinary course of running a business. These expenses can include rent, utilities, salaries, and supplies. Identifying and categorizing these expenses ...

Looking to cut your tax bill? Knowing which small business tax deductions you can claim is crucial. This guide will cover the top 15 deductions that can save you money and improve your business’s ...

On March 7, Reuters reported that the Federal Reserve released a report stating that small businesses have recovered from the pandemic but still face challenges to grow further. High interest rates ...

Many provisions of the 2017 tax law are set to expire at the end of 2025. Advocates are already attempting to convince Congress to extend or make permanent key provisions, even as concerns about the ...

Whether you're self-employed or an employee, business deductions are a potentially lucrative reservoir of tax deductions. The cost of going to night school, attending a convention in Hawaii, hunting ...

The good news is that most business credit card rewards aren't taxable. The IRS treats them as purchase rebates rather than ...

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 ...