The OBBBA has made the 20% Qualified Business Income (QBI) deduction permanent. Learn what this and other 2026 tax changes mean for your small business.
A quick review of the cannabis landscape[i] reveals that most of the tax-related activity remains at the state level. At present, most states have decriminalized the use of cannabis products; it ...
High-earning business owners now have an opportunity to take a massive tax deduction thanks to the One Big Beautiful Bill Act. Still, they may have to implement some financial planning advice to ...
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.
When President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) on July 4, small business owners gained access to tax reforms designed to reshape how they invest, grow and plan for the next ...