Tax professionals say many entrepreneurs mistakenly believe shutting down a company eliminates unpaid tax obligations, ...

In simple terms, Section 179 allows businesses to deduct the full cost of most equipment and software for the tax year they purchase and place it into service, rather than depreciating the expense ...

Inside 500 American towns where the rich shelter their money.

The Los Angeles City Council directed city staff today to explore raising the financial threshold of its small business tax exemption program. In a 13-0 vote, the council instructed the Office of ...

Working for yourself means handling more than just clients and sales; it also involves managing your own taxes. Unlike W-2 employees, business owners are responsible for tracking their income and ...

Portland elected leaders are pressing ahead with a proposal to significantly increase a tax break for small businesses as the city looks to spur economic growth and opportunities. The measure, ...

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The Supreme Court ruled Feb. 20 the president does not have the authority to impose many of the sweeping tariffs he implemented last year, a welcome reprieve for small businesses who took out loans, ...

COLUMBIA, S.C. — A bill moving forward at the State House aims to provide small businesses with a tax break and attract more businesses to the state. Year after year, small businesses pay a tax on ...

Small business owners are losing the equivalent of 33 working days a year due to financial stress, according to a report released Thursday by small business accounting software maker Xero. Processing ...

Delaware's governor has proposed raising taxes on cigarettes and other tobacco products. Proponents argue the tax hike would improve public health and deter youth from smoking. Small business owners ...

It's not just California and New York where wealth tax proposals are making waves. Two income tax bills moving through Virginia’s 2026 legislative session could materially change the state’s appeal ...