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

Journal Editorial Report: Democrats want to turn the Senate into the House. Photo: Patrick Semansky/AP On “60 Minutes,” Kamala Harris said that as president, she would “invest in small businesses” and ...

A quick review of the cannabis landscape[i] reveals that most of the tax-related activity remains at the state level. At present, most states have decriminalized the use of cannabis products; it ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. As we approach what is being called the "Super Bowl of Taxes" in 2025—the scheduled sunset ...

SALT deduction cap temporarily raised from $10,000 to $40,000. PTETs allow businesses to bypass federal deduction limits. OBBBA permanently instates the 20% qualified business income deduction. Tax ...