Joseph DeMartinis, tax partner for EisnerAmper, which has offices in Melville, said that extending the federal Qualified Business Income (QBI) deduction will be particularly helpful to small ...
Small-business owners could face major tax increases at the end of 2025 and are asking the newly elected Congress and administration for tax deductions. As part of the 2017 Tax Cuts and Jobs Act ...
Created as part of the 2017 Tax Cuts and Jobs Act (TCJA), the 20% Small Business Tax Deduction allows small business owners to deduct up to 20% of their business income, bringing their tax rates ...
Tax season is full of anxiety and confusion for small businesses. Nobody wants to spend late nights combing through spreadsheets, reconciling expenses and accounting for their deductions at the last ...
Some 36% of small businesses have seen their premiums increase since 2023, according to J.D. Power's 2024 U.S. Small Commercial Insurance Study, which surveyed customer satisfaction among business ...
fretting over spreadsheets, and wondering how well they actually understand IRS rules. Not everyone needs professional tax advice. If your adjusted gross income (AGI) is $79,000 or less, you can file ...