One such deduction that has gained significant attention in recent years is the Qualified Business Income Deduction (QBID). Enacted as part of the Tax Cuts and Jobs Act (TCJA) in 2017, the QBID offers substantial tax savings for eligible taxpayers. In this article, we...
Being self-employed makes managing your taxes challenging, but QuickBooks Self-Employed makes it easier by providing tailored reports that help you arrange your financial information. These reports offer clear insights into your income, spending, deductions, and qb...
Still, other business owners have evaluated the merits of changing their business entity structure in response to the 2017 Tax Cuts and Jobs Act changes, including the QBID. Many single-member LLC owners and other qualified businesses use Schedule C to calculate their...
Giving you more time to manage your contracting business. Intuit helps put more money in consumers’ and small businesses’ pockets, saving them time by eliminating work, and ensuring they have confidence in every financial decision they make. When your subscription is...
Since 2009, he has been dedicated to selling and educating Americans about annuities and various insurance products. Shawn began his career training financial advisors at Allianz, a Fortune Global 500 company, where he honed his expertise in the industry. Free...
Immediate annuities start paying out right away, while deferred annuities have a delay before payments begin. The Record Keeping for Small Business present value of an annuity is the current value of future payments from an annuity, given a specified rate of return,...
