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.

Listen and subscribe to The Big Idea with Elizabeth Gore on Apple Podcasts, Spotify, or wherever you find your favorite podcast. This tax season, your investment could pay off quite literally for you ...

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, ...

New York City’s democratic socialist Mayor Zohran Mamdani has issued an ultimatum to Albany: tax the ultra-wealthy or face a "last resort" 9.5% property tax hike to plug a $5.4 billion deficit. While ...

Every week, another client sits down across from me with a letter in hand, a Kentucky Audit Confirmation Letter, crisp and official, often the first one they’ve ever received in decades of running a ...