Business Tax

Image of middle age woman sitting at desk in office and calculating her 2018 QBI deduction

How To Calculate The QBI Deduction

Posted October 2, 2019

The qualified business income deduction - QBI deduction - is relatively new to the tax scene. It's a powerful tool … Read More

Image of brewery owner using laptop to research bonus depreciation

Boost Tax Savings With New Bonus Depreciation & Section 179 Rules

Posted August 22, 2019

You need things to run your business. Kitchen appliances for your restaurant. An excavator for your construction company. Tractors and … Read More

Aerial view of downtown Detroit, MI - one city with income tax requirement

24 Michigan Cities That Make You Pay Income Tax

Posted July 17, 2019

Which Michigan cities make you pay income tax? As of Jan. 1, 2019, 24 cities in Michigan impose an income … Read More

Two businessmen standing in office and talking about business losses affecting QBI deduction

How Do Business Losses Affect My QBI Deduction?

Posted June 27, 2019

The QBI deduction is more complicated than just claiming a 20% deduction on your income. Qualified trades and income limits … Read More

Business owner looking up the tax form he needs for QBI deduction on laptop

The One Tax Form You Need To Claim The QBI Deduction

Posted June 19, 2019

Which tax form do you use to claim the QBI deduction? You use Form 8995, Qualified Business Income Deduction Simplified … Read More

How To Aggregate Your Businesses For The QBI Deduction

Posted May 16, 2019

If you're eligible to claim the QBI deduction and you're involved with multiple businesses, you may want to consider aggregating … Read More

Client and accountant looking at tax return

You Didn’t Claim The QBI Deduction? Here’s How To Fix It.

Posted May 1, 2019

The QBI deduction is a new opportunity to decrease your taxable income by 20%. It can help you reduce the … Read More

A Simple Flowchart Of The QBI Deduction

Posted April 3, 2019

Use this flowchart to help you understand the QBI deduction, whether you're able to claim it, and if your deduction … Read More

Businessman reading top 6 changes in Tax Cuts and Jobs Act on laptop

New Guide | Top 6 Changes In The Tax Cuts And Jobs Act

Posted March 6, 2019

We're excited to announce the publication of our new whitepaper (or guide) - Top 6 Changes in the Tax Cuts … Read More

Image of business woman giving presentation on final QBI deduction regs

IRS Gives Answers In Final QBI Deduction Regs

Posted February 20, 2019

The IRS and Treasury Department issued the final QBI deduction regs (regulations) on Jan. 18, 2019. This is the first tax … Read More

Business Tax

Follow Us