Self-Employed Mileage Deduction: Complete 2026 Guide
If you're self-employed, the mileage deduction is one of the largest tax breaks available to you. At the 2026 IRS…
Articles tagged
OBBBA
Content related to the One Big Beautiful Bill Act (OBBBA) tax law changes effective 2026.
R&D Tax Deduction 2026: Immediate Expensing Restored by OBBBA
The OBBBA restores immediate deductibility for R&D expenses in 2026, reversing the 2022 amortization requirement. Learn who qualifies, how to…
Child Tax Credit 2026: OBBBA Changes Explained for Families
The OBBBA expands the Child Tax Credit for 2026 with accelerated phase-in for large families, increased refundability, and inflation indexing.…
SALT Deduction 2026: New $40,000 Cap Explained Under OBBBA
The OBBBA raises the SALT deduction cap from $10,000 to $40,000 for 2026. Learn how this change affects small business…
Standard Deduction 2026: New Amounts and What Changed Under OBBBA
The OBBBA permanently extended the doubled standard deduction and added a temporary bonus. Here are the 2026 standard deduction amounts,…
OBBBA for Self-Employed: How the New Tax Law Affects Freelancers and Sole Proprietors
The OBBBA delivers major wins for self-employed individuals — a bigger QBI deduction, permanent bonus depreciation, and expanded Section 179…
Tax Tips for Freelancers 2026: OBBBA Changes You Need to Know
The OBBBA brought major tax changes that directly benefit freelancers in 2026 — from a higher QBI deduction to permanent…
Bonus Depreciation 2026: 100% Expensing Permanently Restored by OBBBA
The OBBBA permanently restored 100% bonus depreciation, reversing the phase-down that would have dropped it to just 20% in 2026.…
Section 179 Deduction 2026: New $2.5 Million Limit Explained
The OBBBA doubled the Section 179 expensing limit to $2.5 million for 2026, with inflation-adjusted amounts reaching $2.56 million. Here's…
Small Business Tax Deductions 2026: Complete Checklist After OBBBA
The OBBBA expanded several key deductions for small businesses in 2026. From the higher QBI deduction to restored bonus depreciation,…
QBI Deduction 2026: The New 23% Rate Explained for Freelancers and Small Businesses
The OBBBA permanently increased the Qualified Business Income (QBI) deduction from 20% to 23% starting in 2026. Here's who qualifies,…
Home Office Deduction 2026: Complete Guide for Freelancers and Self-Employed
The home office deduction lets self-employed individuals deduct expenses for the business use of their home — either $5 per…