Forbes contributors publish independent expert analyses and insights. I cover changes and new developments in the federal tax law. Oct 09, 2024, 08:00am EDT Oct 28, 2024, 09:15am EDT With the ...

We break down the complex tax rules for capital gains, pass-through entities, foreign investments and real estate to help you file your taxes in 2026.

SALT deduction cap temporarily raised from $10,000 to $40,000. PTETs allow businesses to bypass federal deduction limits. OBBBA permanently instates the 20% qualified business income deduction. Tax ...

The Senate made adjustments in the text of the massive One Big Beautiful Bill to preserve the state and local tax deduction for pass-through entities such as accounting firms and law firms, ...

The American Institute of CPAs is asking accountants to reach out to their congressional representatives and protest the proposed elimination of the ability of pass-through entities such as accounting ...

Financial advisors and their business clients can breathe a sigh of relief after new taxes on pass-through entities were rejected in the Senate’s version of the “One Big Beautiful Bill,” which passed ...

Pass-through business entities with research and development expenses would receive a tax credit under a bill being considered by state lawmakers. The legislature’s Commerce Committee will conduct a ...

It often makes financial sense for married couples to file joint instead of separate tax returns. But the pass-through deduction could change the calculus. The strategy would isolate the business ...

If you’re exploring different ways to structure your business, you may have come across something called a flow-through or pass-through entity. A flow-through entity is a business in which income is ...