With the right strategies in place, it is possible to maximize the deduction and lock in significant, recurring savings.

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 ...

Rep. Gwen Moore, D-Wisconsin, a member of the tax-writing House Ways and Means Committee, introduced legislation Thursday to expand the Section 199A Qualified Business Income deduction to provide a ...

Business owners have a lot to unpack in the One Big Beautiful Bill Act (OBBBA). Here's how it incentivizes the C-corp structure, particularly in growth-focused businesses.

Here's what Trump's new tax law really means for the upper-middle class, according to tax and finance experts.

The following piece was contributed by Alex Greer, an Associate Wealth Advisor at Pathfinder Wealth Consulting. On July 4, ...

I left my full-time job early last year and now work as an independent freelance consultant. I will report my business income and expenses on Schedule C. I heard about a 20% deduction. Can you explain ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...

Freelancing can be notoriously difficult, but a new tax break might make things easier" that is, if you're already wildly successful. The One Big Beautiful Bill Act will permanently extend and enhance ...