Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

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

Entrepreneurs have no shortage of responsibilities — or business expenses — that can often feel overwhelming, especially during tax season. Fortunately, small business owners are often eligible for ...

For example, there are certain tax breaks and deductions that are afforded to small business owners and self-employed individuals that regular ...

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

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 ...

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 ...

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 ...

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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 ...