Legislation to Phase Out Small Business Deduction Introduced in Senate
IA Magazine - Jul 21, 2021
The legislation would phase out the 20% small business tax deduction for taxpayers with incomes over $400,000, while eliminating it altogether for those with incomes exceeding $500,000....
Recommended Articles
Posted: Mar 18, 2026
The hearing also explored potential reforms to the Gramm-Leach-Bliley Act to ensure effective and un...
Posted: Mar 18, 2026
For more than a year, the Big āIā worked constructively with Fannie Mae and Freddie Mac to revise th...
Posted: Mar 17, 2026
One in three consumers would consider digitally altering their claim photos or documents, according...