MiBolsilloColombia on MSN

QBI deduction is now permanent: Major 2026 tax updates for entrepreneurs and small businesses

The OBBBA has made the 20% Qualified Business Income (QBI) deduction permanent. Learn what this and other 2026 tax changes mean for your small business.
Forbes

Small Business Tips: How To Lock In Your 2025 QBI Tax Savings Before It’s Too Late

Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. Business owners, it’s time to talk about one of the most powerful deductions still on ...
JD Supra

Cannabis Business and the QBI Deduction

A quick review of the cannabis landscape[i] reveals that most of the tax-related activity remains at the state level. At present, most states have decriminalized the use of cannabis products; it ...
JD Supra

Tax Court: Cannabis Business Wages Ineligible for Qualified Business Income Deductions

Cannabis businesses' wages are ineligible for business income deductions for pass-throughs because they sell controlled substances, according to the U.S. Tax Court. The ruling on Sept. 11, 2025 ...
Berkshire Eagle

The QBI deduction allows more companies to receive massive tax write-offs

High-earning business owners now have an opportunity to take a massive tax deduction thanks to the One Big Beautiful Bill Act. Still, they may have to implement some financial planning advice to ...