The 2017 Tax Cuts and Jobs Act introduced a deduction for qualified businss income (QBI) that provides a significant tax break to many business owners. The newly created Section 199A of the federal ...
Following the passage of the Tax Cuts and Jobs Act, you may be wondering how the new qualified business income (QBI) deduction affects your taxes. There are many variables that can mean a big ...
While the 2025 budget bill created some new tax breaks business owners can take advantage of immediately , the meat of the ...
The Tax Cuts and Jobs Act, passed into law in December, included a tax-code revision known as the qualified-business-income deduction. The deduction, available for the 2018 tax year and through 2025, ...
Forbes contributors publish independent expert analyses and insights. Leading writer and speaker in the area of trader tax benefits. Like many small business owners, traders eligible for trader tax ...
A little-noticed consequence of the proposed regulations on the 20% qualified business income (QBI) deduction introduced by the legislation known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, is ...