Section 179 keeps dollars in your wallet. Here’s what you need to know for 2026.

Every year, millions of Americans file their taxes hoping to get the most out of their deductions - and every year, some of ...

Businesses giving gifts is a common practice in many industries. Employees often appreciate receiving a holiday gift, and referral partners are more enticed to refer if they receive a gift for it.

Peggy’s Bookkeeping & Tax Service has published a new article entitled Top 5 Tax Deductions Every Small Business Should Know. The report sheds light on a practical guide outlining strategies small ...

The qualified business income deduction is for self-employed people and small-business owners. Here's who qualifies. Many, or all, of the products featured on this page are from our advertising ...

The “Big, Beautiful Bill” signed into law this month by President Trump promises tax relief for tip workers and small businesses, while ending clean energy incentives—and leaves many details as ...

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.

Sherrill’s business tax proposal would limit a key deduction, affecting about 10,000 New Jersey taxpayers and raising $120 million annually.

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of the income earned from the business. This deduction is available whether ...