Under a spending and policy bill signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of ...

Trump's sweeping tax bill may end the popular SALT deduction certain businesses use to bypass federal limit.

opinion Commentary Congress’ ‘big beautiful bill’ must include this tax relief The small-business deduction has been a lifesaver for my Frisco business.

President Donald Trump and Congress must keep promise to make the small business deduction permanent or jobs, or jobs, businesses will be lost in SC and US ...

NFIB also launched a tax calculator to provide small business owners in Wyoming with personalized estimates of how much more they could owe in federal income taxes in 2026 if the deduction expires.

Dorothy Lane, right, director of the Wilkes University Small Business Development Center, believes the expiration of the qualified business income deduction would hurt small businesses. (Submitted ...

Lawmakers are currently considering a limitation on the business deduction for state and local taxes paid (C-SALT). There has been some concern that this would be a mistake. Doug Holtz-Eakin, for ...

Some small businesses want tax reform as Trump's Tax Cuts and Jobs Act expires in 2025 Businesses like Chicago’s Momentum Coffee recently traveled to Washington, D.C., to meet with members of ...

As lawmakers debate which tax cuts to include in their historic reconciliation bill, a 15% corporate tax rate and a broad, 25% small business deduction should be the centerpieces.

Tax deductions for small business owners and entrepreneurs include childcare, business meals, bank fees, and more.

I have practiced public accounting for 21 years and can tell you without doubt that the 20% Small Business Deduction has been the single most beneficial tax deduction for small business owners.

The Trump tax cuts, including the 20 percent Small Business Deduction, are set to expire this year. Here's what to know.