Combined state and federal income taxes would have small businesses pay more than 50% of their top-end income in taxes. Small businesses are Illinois’ primary job creator, both historically and ...
With a shortage of tax professionals in the country compared to previous years, many small business owners may be looking for new ways to get their taxes filed with as little hassle as possible.
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 ...
OTTAWA — Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canada carbon rebate for small businesses will be tax-free. We apologize, but this video has failed to load. In a ...
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 ...
In September, The Chancellor Rachel Reeves told bosses that they could look forward to a stable tax landscape after years of the job being a hot seat, with a host of announcements ready to be ...
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 ...