In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY discuss the second three of their top six tax cases of 2025, focusing on what qualifies as a deduction in Savage v. Commissioner, ...
MiBolsilloColombia on MSN
QBI deduction is now permanent: Major 2026 tax updates for entrepreneurs and small businesses
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.
The federal One Big Beautiful Bill Act reshaped the tax landscape for small and mid-sized businesses, especially in the Garden State. Tax professionals say the new regulations replace uncertainty with ...
GOBankingRates on MSN
Home office tax deduction: Who qualifies and how to claim it
The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Johner Images/Getty Images A new ...
Find out if your new car or truck was built in the United States. See the window sticker or use a VIN Decoder tool at the National Highway Traffic Safety Administration website. Beginning on 2025 tax ...
Under current tax law, some self-employed individuals are entitled to tax breaks comparable to incorporated small business owners using Partnership, Sub-S, or regular C Corporation tax filing. It’s ...
The SALT deduction, which was temporary under the OBBBA Act, raised it from $10,000 to $40,000 if your income is under $500,000. The new senior deduction is a $6,000 deduction you get just for being ...
The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...
If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income. But many taxpayers miss out on this valuable tax break because they don't ...
Tax season officially opens on Monday, January 26 — but before you file your 2025 return, you need to know what's changing for 2026. New tax brackets are in effect, the One Big Beautiful Bill (OBBB) ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results