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

The One Big Beautiful Bill is the latest tax bill aimed at making cash flows better for businesses and encouraging investment ...

On July 4, the One Big Beautiful Bill Act (OBBBA) was signed into law. The OBBBA is a broad reconciliation bill comprised of ...

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 ...

Section 1202 of the Internal Revenue Code was expanded to add additional benefits for QSBS as follows: The QSBS exclusion (previously 100% exclusion for QSBS held at least 5 years) is expanded as ...

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 One Big Beautiful Bill Act of 2025 (OBBBA) expands several business tax benefits while easing certain compliance ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. With sweeping changes underway in the federal tax package ...

This decision requires a clear understanding of business activities, ownership structure, operational activities, long-term ...

DAVENPORT, Iowa — U.S. Rep. Mariannette Miller-Meeks, R-Iowa, is urging lawmakers to act before the end of the year to extend a key tax break that benefits small businesses across the state. During a ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at five questions on tax deductions and ...