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 ...

Year-end trader tax tips under OBBBA: maximize 2025 deductions, optimize S-Corp wages, use PTET, and plan now to lower taxes ...

In this fourth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), Steve Nofziger and I discuss a provision of the Act that impacts pass-through business entities and ...

GREENVILLE, N.C. (WITN)- Thursday, businesses and stakeholders gathered alongside Congressman Greg Murphy to discuss past, present, and future effects of Section 199A Deduction. What is Section 199A?

The section of the federal tax code known as 199a will expire at the end of 2025 unless Congress approves an extension. Its passage in 2017 represented one of the most important lobbying victories ...

An agreement to revise Section 199A tax reform language, which currently gives farmers a financial incentive to sell through cooperatives, has been reached by lawmakers. According to Pro Farmer’s ...

Senate Republicans will soon debate trillions of tax breaks approved by House lawmakers, including a bigger deduction for small business owners, contractors, freelancers and gig economy workers.

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 ...

(Washington, D.C., January 12, 2018) – The U.S. Department of Agriculture’s (USDA) Under Secretary for Marketing and Regulatory Programs Greg Ibach today issued the following statement regarding ...