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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

JANUARY 16, 2023

A total of 23 individual and business tax TCJA provisions are set to expire on December 31, 2025. A tax professional can help you understand these changes and their impact on your business. Inflation Reduction Act (IRA) The Inflation Reduction Act (IRA) also influences how much you could pay in taxes.

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How to Lower Your Taxable Income and Pay Less in Taxes

xendoo

FEBRUARY 13, 2023

Pass-through tax deduction (QBI) Congress passed the Qualified Business Income (QBI) deduction as part of the Tax Cuts and Jobs Act. It’s commonly known as the pass-through tax deduction and will end after the 2025 tax year. Your overall business income or loss determines the pass-through deduction.

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