Ask the Editor, November 14: 20% Qualified Business Income Deduction

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...
Wall Street Journal

Save the Qualified Business Tax Deduction

Journal Editorial Report: Democrats want to turn the Senate into the House. Photo: Patrick Semansky/AP On “60 Minutes,” Kamala Harris said that as president, she would “invest in small businesses” and ...
Las Vegas Review-Journal

COMMENTARY: The big beautiful tax bill will bolster small business

Tax season continues on Capitol Hill, and just like so many Americans ahead of the April 15 deadline, lawmakers are tired and confused as they work on this large and sweeping legislation. In a hearing ...
Berkshire Eagle

The QBI deduction allows more companies to receive massive tax write-offs

High-earning business owners now have an opportunity to take a massive tax deduction thanks to the One Big Beautiful Bill Act. Still, they may have to implement some financial planning advice to ...
JD Supra

Tax Court: Cannabis Business Wages Ineligible for Qualified Business Income Deductions

Cannabis businesses' wages are ineligible for business income deductions for pass-throughs because they sell controlled substances, according to the U.S. Tax Court. The ruling on Sept. 11, 2025 ...