Right now, cannabis businesses operating legally under state law still can't deduct basic costs like rent, salaries or ...

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025 (registration required), and for small businesses, ...

Proactively reviewing your health coverage, RMDs and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

American taxpayers aged 65 and older will receive a new $6,000 bonus tax deduction next year as part of President Donald Trump’s One Big Beautiful Bill Act. The temporary deduction comes alongside ...

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. By Andrew Duehren Reporting from Washington For most ...

A Tennessee small business owner credits the 2017 tax cut with helping his businesses grow. The owner states the "Small Business Deduction" allowed him to upgrade equipment and double his staff. The ...

Christine Benz: Hi, I’m Christine Benz for Morningstar. People who are 65 and older may be able to take advantage of a new senior deduction starting in 2025. Joining me to discuss what you need to ...

Beginning in 2026, Louisiana will require most business tax returns and payments to be filed electronically. The new mandate is part of an initiative to reduce costs and streamline tax administration ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Business owners will need to ...

When President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) on July 4, small business owners gained access to tax reforms designed to reshape how they invest, grow and plan for the next ...

Limited Liability Companies give business owners a unique blend of liability protection and some real tax flexibility. The main tax perk of an LLC is pass-through taxation, which lets profits flow ...