- You May Qualify for the 20% Tax Pass-Through Deduction
- Several years ago, when Congress changed the tax-rate structure for C corporations to a flat rate of 21% instead of the former graduated rates that topped out at 35%, they also came up with a new deduction for businesses that are not organized as C corporations. This tax break will be available only through tax year 2025 unless it is extended by Congress.
- Video Tips: Tax Deductions for Educator Expenses
- Educators in kindergarten through grade 12 can take a tax deduction for their unreimbursed teaching expenses during the year. Watch this video for details.
- The Most Important KPIs for E-Commerce Businesses
- The most important data tools provided by your e-commerce platform are known as Key Performance Indicators (KPIs). Learn which ones matter most.
- Tax Benefits for Child Daycare Providers and Users
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Special tax benefits are available for those providing daycare services for children and the parents who pay for those services. This article looks at the various tax deductions daycare providers may use and the childcare tax credit that the parents may claim.
- Read This First Before Tapping Your Retirement Savings
- Your 401(k), IRA or other retirement accounts may be a tempting source for cash if you find yourself short of funds or have a major purchase you are considering. But withdrawing money from a traditional IRA or qualified retirement account before you reach age 59 1/2 may not be the best idea, as you will likely pay both income tax and a 10% early-distribution tax (also referred to as a penalty) on any previously untaxed money that you take out.
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