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 ...
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 ...
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 ...
Rep. Scott Fitzgerald, R-Wis., has introduced a draft measure that would allow small businesses to get a tax credit to help cover the costs of complying with the Department of Defense’s proposed ...
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 ...
Launching a small business requires ambition, persistence, confidence — and money. The amount of cash you need to get up and running varies wildly depending on the nature of your business.