Eric E. Ehrenberg

QBI Deduction: How the OBBBA Improves the Rules

Many owners of pass-through businesses and self-employed individuals have taken advantage of the Section 199A qualified business income (QBI) deduction. Created by the Tax Cuts and Jobs Act (TCJA), this break was scheduled to expire after 2025, making its future uncertain and hampering tax planning.

Massive Budget Law Includes Numerous Business Tax Provisions

The new One, Big, Beautiful Bill Act (OBBBA) is packed with tax provisions that will affect U.S....

Property and Casualty Insurance: Protect Your Property, Preserve Your Wealth

When disaster strikes—whether it's an accident, burglary, fire, storm or lawsuit—having the right...

Are You Ready to File (or Extend) Your 2024 Personal Return?

Tax season officially started on January 27. Many people procrastinate filing their returns — or...

Wrap Up Your Business Year with Big Tax Savings

With the year end rapidly approaching, many business owners are focusing on budgeting and strategic...

R&E Capitalization Has Unintended Effect on Small Businesses

The Tax Cuts and Jobs Act (TCJA) brought a significant, albeit delayed, change to the tax treatment...

Close-Up on Pass-Through Entity Tax Laws

At the start of 2024, three dozen states and New York City already had pass-through entity taxes...

Growth Strategies: How to Take Your Business to the Next Level

Once your business has survived the start-up phase, it's got a solid foundation to grow. SSB...

Withdrawing Cash from Your C Corporation

C corporation ownersoften need to take cash out of the business to pay personal expenses or to...

New Twists and Turns Taken by EV Credits

Did you buy an electric vehicle (EV) in 2023? Under the Inflation Reduction Act (IRA), passed late...