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

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

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

Business owners should weigh these provisions carefully and consider how immediate deductions interact with long-term deferral opportunities.

The One Big Beautiful Bill Act makes major temporary tax cuts from 2017 permanent for high earners and businesses, reshaping the relationship between federal taxation and high earners.

The passage of President Donald Trump’s One Big Beautiful Bill Act (OBBBA) may have promised a booming economy, but everyday costs tell a more complicated story. With recently expanded tariffs on ...

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

Providers are watching to see how OBBBA's Medicaid provisions play out but may be unaware the bill offers “significant” tax opportunities.

With a short time left before 2025 comes to a close, year-end tax planning is all-important. Here are some areas to focus on.

Boosting retirement contributions to plans such as a Simplified Employee Pension (SEP) IRA or a solo 401 (k) is a good ...