Introduction Trump’s 2025 tax proposal includes powerful incentives for U.S. businesses, particularly small and pass-through entities. These changes aim to stimulate investment, reward domestic hiring, and simplify compliance for...
Introduction The Qualified Business Income (QBI) Deduction, introduced under the Tax Cuts and Jobs Act (TCJA) of 2017, allows eligible business owners to deduct up to 20% of their...
Introduction Each year, the IRS updates tax laws to account for inflation and economic conditions. For 2025, several key changes impact individual taxpayers, businesses, and investors. Understanding these updates...