In a notice of a proposed revenue procedure (Notice 2019-27), the IRS on Tuesday provided methods of calculating W-2 wages for purposes of Sec. 199A(g)(1)(B)(i), which limits the amount of a deduction ...
Tax season often brings stress, but it’s also an opportunity to uncover savings for your small business. You can significantly reduce your taxable income and improve your financial health by ...
At the start of the pandemic, the number of people working from home increased significantly—but not all of them will qualify for the home office deduction. If you are self-employed or a partner, ...