What is the Stepped-Up Basis and Why it Matters
The stepped-up basis protects small businesses from massive tax bills following an owner’s death – but it may be replaced with a new, much more costly standard.
Help Combat Unemployment Fraud
Nebraska Legislature Down to Last 20 Days of Regular Session
NFIB Washington Legislative Update | Week 15 – Sine Die
What’s Under the Shell Bill? Income Tax Changes
Oregon House Passes Unemployment Insurance Tax Relief
COVID-19 Scare Forces Brief Pause in Legislative Activity
Explained: Up To 20% Small Business Income Tax Deduction
Since it became law in 2017, the Small Business Deduction has allowed small businesses organized as pass-through entities like Sole proprietorships, S-Corporations, Partnerships, or LLCs, to deduct up to 20% of their qualified business income.