The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

SALT deduction cap temporarily raised from $10,000 to $40,000. PTETs allow businesses to bypass federal deduction limits. OBBBA permanently instates the 20% qualified business income deduction. Tax ...

The OBBBA has made the 20% Qualified Business Income (QBI) deduction permanent. Learn what this and other 2026 tax changes mean for your small business.

The IRS released guidance on the Section 199A qualified business income deduction on August 8th. Our panel will discuss the IRS guidance and planning opportunities and challenges that it creates. This ...

The One Big Beautiful Bill creates and/or modifies a number of tax rules that impact taxation of business income, including the permanent extension of the 20% pass-through deduction under Section 199A ...

A quick review of the cannabis landscape[i] reveals that most of the tax-related activity remains at the state level. At present, most states have decriminalized the use of cannabis products; it ...

The Senate Finance Committee on Monday released its tax and Medicaid provisions for the GOP budget reconciliation bill, extending expiring 2017 tax cuts and expanding some other provisions of the law.

Financial advisors and tax professionals with clients who own businesses of any size can help them rake in significant savings under several provisions of the One Big Beautiful Bill Act. The massive ...

Cash distributions paid in January 2025 were treated as a 2025 distribution for federal income tax purposes (See press release related to tax treatment of 2024 dividend distributions). If you were a ...

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An announcement from Redwood ( (RWT) ) is now available.

Millrose Properties, Inc. (NYSE: MRP, "Millrose" or the "Company"), the Homesite Option Purchase Platform for residential homebuilders, today announced the final income allocations of the Company’s ...