The “One Big Beautiful Bill” aims to extend tax deductions for pass-through businesses, offering tax relief and economic ...

The tax bill includes significant changes to business deductions. Here's what you need to know.

FINAL THOUGHTS If your justification for a tax position on Form 1065 has ever been, “ The IRS will never find it, ” stop. The IRS very publicly resolved to change the perception and reality of ...

To put a number to it, small businesses across the U.S. paid $148 billion in “swipe fees” just last year. The downstream effects of this practice are significant.

The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is ...

If you’re a small business that needs to send out a glut of end-of-year forms—think 1099s, W-2s, and Affordable Care Act (ACA) forms—BoomTax can help you prepare these forms and submit them ...

Partnerships submit an informational return (Form 1065, U.S. Return of Partnership Income). It shows financial details, like total income and deductions, but it doesn't calculate tax.

What Nevada’s small businesses may experience under new federal policies and tax laws. Nevada is home to more than 300,000 small businesses. Changes may be on the way under President Trump’s ...

March 17, 2025, is a key tax deadline for businesses, but they can request an extension of time using Form 7004 through ExpressExtension, a secure and easy e-filing service. ROCK HILL, SC / ACCESS ...

The delegation pressed for a standard $25,000 deduction that would help firms making $125,000 or less, which form the majority of the country’s small businesses, according to SBM.