H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, 2025 (registration required), and for small businesses, ...

Let's break down complex tax provisions into actionable insights around enhanced childcare and family leave credits, ...

Keeping thorough financial records and preparing for tax obligations throughout the year can reduce errors and prevent unnecessary stress. Identify and apply for applicable tax credits, such as the ...

If anything, remember you’ll make tax payments more frequently than you file tax returns. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Operating an LLC—or a corporation—taxed as an S-corp can provide significant tax savings to small businesses at every level.

Changes under the new tax law are a modernization of the rules, Gray says. Aside from increasing the exemption cap to $15 million, the new tax law expanded eligibility for C corporations to issue QSBS ...

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 ...

Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. With the headache of Tax Day behind us, small business owners are looking ahead with a new worry — will ...

As tax code changes passed during Trump’s first term demonstrated, small business tax cuts create a rising tide that lifts all boats. For example, real wages for working Americans increased at the ...

As the owner of a small manufacturing company in Mount Vernon, I’ve spent the last 17 years building Goodwinds Composites into a high-tech, high-impact business. We design and manufacture precision ...