SALT deduction cap temporarily raised from $10,000 to $40,000. PTETs allow businesses to bypass federal deduction limits. OBBBA permanently instates the 20% qualified business income deduction. Tax ...

What Congresses gives with one hand, it often takes away with the other and that is the case with the “Big, Beautiful Bill” when it comes to advisors who use a pass-through entity model. On the plus ...

The One Big Beautiful Bill is no longer a conversation starter; it’s policy. With lower taxes, stronger investment tools and ...

Clients with certain pass-through entities need to know about a new bill that could affect their taxes. The Small Business Tax Fairness Act, recently introduced in the Senate by Sen. Ron Wyden (D-OR), ...

This article highlights five practical considerations designed to support your efforts to interpret the OB3’s impact and help ...

For individuals and businesses, the most meaningful shift is not tied to a single deduction or rate, but to the reduced ...

Pass-through businesses include sole proprietorships, Limited Liability Companies, partnerships and small corporations taxed as partnerships. The broad pass-through category includes start-up small ...

The One Big Beautiful Bill creates and/or modifies a number of tax rules that impact taxation of business income, including the permanent extension of the 20% pass-through deduction under Section 199A ...

The “One, Big, Beautiful Bill” includes tax provisions that could benefit small franchise businesses and their employees. Key changes include expanded bonus depreciation, adjusted business interest ...

Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...

Tax filing for 2026 is shaping up to be very different from the last few years, with a larger standard deduction and a fresh ...