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 ...

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 ...

Tax season continues on Capitol Hill, and just like so many Americans ahead of the April 15 deadline, lawmakers are tired and confused as they work on this large and sweeping legislation. In a hearing ...

Cannabis businesses' wages are ineligible for business income deductions for pass-throughs because they sell controlled substances, according to the U.S. Tax Court. The ruling on Sept. 11, 2025 ...

On July 4th, President Donald Trump signed a groundbreaking tax and spending law, which he described as a "great and beautiful law." This legislation introduces significant changes to the U.S. tax ...

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 ...

The qualified business income deduction helps Main Street compete with Wall Street. Our leaders need to keep it from expiring. Bigstock It says a lot about our politics that very few of our leaders ...

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 ...

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 ...