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Do Independent Contractors Qualify for QBI?

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What is Qualified Business Income? “QBI” is short for “Qualified Business Income.” The term matters for thousands of businesses and freelancers because the 2017 Tax Cuts and Jobs Act allows non-corporate taxpayers to take a…

Can Businesses Deduct Donated Services?

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  Savvy business owners know that every expense should be meticulously tracked so each payment can be properly accounted for at tax time. Virtually every dollar of expenditures can be used to offset your income,…

Can I Deduct Rental Losses?

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Over the past five years, the rental vacancy rates in the United States have seen a consistent drop caused by the growing market and an increasing number of families choosing…