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How to Secure a Tax Benefit with the QBI Deduction
QBI may sound like the name of a TV quiz show. But it’s actually the acronym for “qualified business income,” which can trigger a tax deduction for some small business owners or self-employed individuals. The QBI deduction was authorized by the Tax Cuts and Jobs Act...
Nonprofits Need to Educate Donors About New Tax Benefits
Nonprofits Need to Educate Donors About New Tax Benefits The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies several key...
Energy-Related Tax Breaks are Added in the New Law
The massive economic stimulus and government spending law, which was signed on December 27, 2020, extends several energy-related tax breaks. Before the...

