Legislation containing the write-off, which allows small businesses to instantly deduct the value of eligible purchases below $20,000, passed the Senate last week.

The tax incentive passed through the Senate on Thursday, the final Parliamentary sitting day for 2025, in the last flurry of ...

If you’ve mastered the basics and want to step into the next league of tax planning, the GFX strategy shows what’s possible.

Small business owners said adopting one business tax cut and sweetening how much they would get to deduct expenses from another levy would make New Hampshire an even more attractive place to locate ...

Many may receive larger refunds next year due to new tax changes and delayed IRS withholding updates. Here's who may benefit and what the changes mean for you.

But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big ...

Small businesses across Australia are getting a much-needed boost with the extension of the $20,000 instant asset write-off.

Laws to extend the $20,000 instant asset write-off have passed the Senate. (Source: Getty) The Australian government has ...

The new tax code resulted in several new tax breaks, but that’s not the only way to save money. Proactive year-end planning ...

The US Treasury Department is set to issue new tax guidance, potentially allowing companies to fully utilize research and development tax breaks and save billions more.