The Qualified Business Income Deduction lets many small business owners deduct up to 20% of their income. Unless Congress ...

Since the finalization of the IRS’s “check-the-box” entity-classification regulations nearly 30 years ago, a state law LLC ...

Senate and House Republicans have been meeting for months to hammer out a bill to make the tax cuts permanent.

A frequent misconception among business owners is that taxes are a once-a-year obligation. In reality, tax planning requires ...

Big changes are underway at the IRS, with major workforce reductions and budget changes reshaping how the agency operates. It ...

The Treasury and IRS, using Executive Order 14219 as authority, removed Biden era partnership tax enforcement measures from ...