The possibility of losing the 20% Qualified Business Income (QBI) deduction by the end of 2025 poses a significant challenge for American businesses, particularly pass-through entities, which employ more than half of private-sector workers. Enacted as part of the 2017 Tax Cuts and Jobs Act (TCJA),
Federal spending plays a critical role in shaping the daily lives of American citizens and the nation's future. Its complexity and far-reaching effects influence essential services, infrastructure, and national priorities, making it a vital aspect of government operations. By understanding how
Local and global issues hold significant sway over our political and social landscapes. Exploring the profound impact of organizations like the Red Cross, discussing contentious tax policies, critiquing local governance, examining international policy stances, and reflecting philosophically on
The article explores the significant challenges facing biodiesel production in Iowa, highlighting the impact of unclear federal renewable fuel and tax credit policies. As the leading biodiesel producer in the U.S., Iowa's biodiesel plants are operating minimally, if at all, due to this
As inflation and high living costs continue to squeeze family budgets across the United States, several states are exploring measures to provide economic relief through the reduction or elimination of sales taxes on groceries. Governors and lawmakers in states such as Arkansas, Tennessee,
Estate planning for high-net-worth individuals (HNWIs) is a dynamic field, heavily influenced by changes in government policies. With the potential for President Donald Trump to serve a second term, significant shifts in estate planning strategies may be on the horizon. This article explores key