The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...

If your property is damaged and you can't operate your business, this type of insurance can help with expenses. Many, or all, of the products featured on this page are from our advertising partners ...

Unrelated Business Income Tax (UBIT) is a federal tax imposed on the income generated by tax-exempt organizations, including universities, when they engage in revenue-generating activities that are ...

Because of a $7 million “unexpected windfall” in business income growth in 2024, Youngstown’s 2025 income tax collection saw a 6.23% decline from the previous year, but it was still the second-best ...

The 2017 Tax Cuts and Jobs Act has resulted in numerous changes to the tax laws— both on the individual and business levels. Some of the most impactful changes affecting 2018 and beyond are those ...

Unrelated Business Income is the income from a trade or business that an organization regularly carries on and that is not substantially related to the performance of the organization's exempt purpose ...