Entrepreneurs have no shortage of responsibilities — or business expenses — that can often feel overwhelming, especially during tax season. Fortunately, small business owners are often eligible for ...

Since passed in late 2017, millions of returns have claimed the deduction, growing from 18.7 million returns in 2018 to 25.9 million returns in 2021, according to IRS data. Trade groups are sounding ...

Related: Finally, Tax Season is Over. Or Is It? Here are 5 Things You Need to Do All Year to Reduce Tax-Season Stress.

The One Big Beautiful Bill Act (OBBBA) brings significant changes to the tax landscape for small businesses. One of the most notable adjustments is the permanency of the 20% Qualified Business Income ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

Small businesses are one of the bedrocks of the U.S. economy, employing nearly half of the American workforce and representing over 40% of America’s GDP. Challenges like inflation and high supply ...

Across Minneapolis, you’ll find new ideas taking root in old buildings. An abandoned storefront becomes an event center. A former retail space transforms into a furniture shop, a gallery or a ...

Harris has proposed expanding the small business tax deduction from $5,000 to $50,000. Experts told BI the proposal would shift the timing of deductions and isn't all that pricey. If the proposal ...

Journal Editorial Report: Democrats want to turn the Senate into the House. Photo: Patrick Semansky/AP On “60 Minutes,” Kamala Harris said that as president, she would “invest in small businesses” and ...

Congress passed regulations in December that made several changes to business tax deductions and incentives. They aren't only in favor of big companies and corporations — small business owners can ...