In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

You’ve finally turned your idea into a real business. You’ve got customers, maybe a Stripe account, maybe even a few ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Please provide your email address to receive an email when new articles are posted on . Employed physicians have fewer opportunities to benefit from tax write-offs. They can lower income tax burden by ...