The IRS built a second deduction specifically for freelancers and side hustlers, it stacks on top of every expense you already write off, and most people who qualify never touch it.

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Business owners, it’s time to talk about one of the most powerful deductions still on ...

While most Americans don’t exactly look forward to April 15, this year offers real reasons to feel more optimistic, particularly if you are a small business owner or a solo entrepreneur thanks to tax ...

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 ...

Small business owners are heading into 2025 with more tax uncertainty than they've seen in years. Smart accounting automation will be crucial for businesses to track and adapt to these changes ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was ...