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

Our guest columnist breaks down new provisions that could have an impact on businesses in Maine, especially those that invest ...

A version of this article originally appeared on eidebailly.com. On July 4, 2024, President Trump signed into law major tax legislation that will materially affect both individuals and businesses.

Tax and estate consultant Gary Phillips, based in New York, says as tax season approaches, the mood is upbeat among his clients. The reason? The extension of a series of tax breaks approved by the ...

The bill that the House of Representatives passed early Thursday morning in a nail-biting 215-to-214 vote—a wide-ranging domestic policy package called the One Big Beautiful Bill—could have ...

The House Ways and Means Committee approved expanded legislative language for its recommendations of tax provisions to be included in the budget reconciliation bill that Congress is putting together.

Equifax has announced the launch of Income Qualify, a product that delivers income and employment insights from The Work ...

CALABASAS, CALIFORNIA - OCTOBER 04: Big-wave surfer Laird Hamilton and former professional volleyball player Gabby Reece enjoy the Laird Superfood "Cinn-Full" Cold Brew at Erewhon on October 04, 2023 ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...