If anything, remember you’ll make tax payments more frequently than you file tax returns. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

The qualified business income deduction, also known as QBI, is one of the most powerful deductions still on the books for ...

Understanding the ADA tax credit is one thing, but strategically leveraging it is another. Here’s how leaders can turn ...

In what’s sure to be welcome news for small and midsize companies, the Section 179 tax deduction has been increased by $30,000 for 2025. The total deduction is now $1.25 million. In addition, the ...

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Small business owners are heading into 2025 with more tax uncertainty than they've seen in years. Smart accounting automation will be crucial for businesses to track and adapt to these changes ...

Rep. Gwen Moore, D-Wisconsin, a member of the tax-writing House Ways and Means Committee, introduced legislation Thursday to expand the Section 199A Qualified Business Income deduction to provide a ...

Gift baskets on holidays, or other small tokens given infrequently and valued at under $100, are generally acceptable and meet the de minimis definition. Cash or gift cards are considered taxable ...

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. With the headache of Tax Day behind us, small business owners are looking ahead with a new worry — will ...

Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...