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US Tax News Tax Glossary One Big Beautiful Bill Act (OBBBA)- Permanent 100% Expensing Returns November 7, 2025 8 Min Read By CPA Pilot The One Big Beautiful Bill Act (OBBBA), signed on July 4, 2025, permanently restores 100% bonus depreciation for qualified business... Read More
Tax Glossary What is the Qualified Business Income (QBI) Deduction? October 28, 2025 11 Min Read By CPA Pilot The Qualified Business Income (QBI) deduction under Section 199A allows eligible pass‑through owners—sole proprietors, partners in partnerships, S corporation shareholders,... Read More