Kelly Phillips Erb is a Forbes senior writer who covers tax. Author’s note: The standard deduction amounts, state and local tax (SALT) caps, and maximum amount of the child tax credit have been ...
Rep. David Kustoff, R-Tenn., introduced a bill — shared first with CNBC — that would increase the qualified business income deduction from 20% to 23% for small-business owners. Kustoff, a member of ...
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