With 20% Qualified Business Income Deduction Gone, LegalMatch Connects Pass-Through Entities to Tax Attorneys for Urgent 2026 Strategy RENO, NV / ACCESS Newswire / January 7, 2026 / One of America's ...
In our last post we mentioned that the IRS had finally released the draft instructions for the new Form 8995 (used to calculate the Section 199A Qualified Business Income deduction). In the ...
One of the top-of-mind questions business clients look to accounting professionals for guidance on is, "Which entity type will maximize my tax deductions and minimize tax liability?" With the ...
As part of the Tax Cuts and Jobs Acts passed in December of 2017, IRC Section 199-A was created, which allows owners of small businesses — including partners, owners of S corporations and sole ...
The Internal Revenue Service hasn’t been properly vetting millions of dollars in deductions claimed for the qualified business income tax break that could be erroneous, according to a recent report.
A significant but complicated tax deduction for business owners that could expire at the end of next year has delivered savings for some — especially the wealthiest owners. Its impact on jobs and ...
Most attorneys, accountants, and other professionals operate as unincorporated sole practitioners, or through partnerships and limited liability partnerships (LLPs), making them owners of pass-through ...
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6 tax perks set to vanish in 2026

Several of the most valuable tax breaks created by the Tax Cuts and Jobs Act are scheduled to disappear after 2025, setting ...