Latest news with #QBI
Fast Company
6 days ago
- Business
- Fast Company
Small business owners, here's how Trump's Big Beautiful Bill could impact your taxes: SALT deduction workaround axed
As the Senate debates President Donald Trump's giant tax bill, One Big Beautiful Bill Act, which includes trillions of dollars in tax breaks, some smaller business owners are worried they might miss out on a popular deduction for state and local taxes (the SALT deduction), which is commonly referred to by its acronym. The debate over SALT was one of the sticking points that delayed passage of the bill in the House. The current version of the House Republican-sponsored tax bill would raise the federal deduction limit for state and local taxes (SALT) from $10,000 to $40,000, which would phase out when income hits $500,000. The bill would also increase the qualified business income (QBI) deduction, set to expire in 2025, from 20% to 23% starting in 2026, and make it permanent. The QBI deduction applies to so-called pass-through businesses, such as: S-corporations, partnerships, and sole proprietors like freelancers and contract workers. However, it would end a much used state-level SALT cap workaround for some of those pass-through business owners, according to CNBC. The SALT deduction was enacted as part of the 2017 Tax Cuts and Jobs Act (TCJA). Lawmakers in high-tax states like New York, New Jersey, and California have long wanted to raise the cap, claiming that their states are paying more in federal taxes than they are getting back, leaving residents with a much larger bill. Before Trump's 2017 tax bill imposed a $10,000 ceiling, those states' residents could write off their state and local taxes. However, the Senate could still modify the proposal as it debates the bill. There are concerns that allowing business owners to deduct up to $40,000 from their federal taxes means the government would collect less taxes, adding further to nation's deficit. On Wednesday, the Congressional Budget Office (CBO) estimated the mega bill would add $2.4 trillion to the deficit, and its tax cuts would decrease revenue by more than $3.6 trillion over the next decade or so, per The Hill. Senate majority leader John Thune of South Dakota, who told Politico he hopes to pass the mega bill by the Republicans' July 4 deadline, said the SALT cap might have to come down to raise revenue to cover the expenses of the president's 'big' (or as some say, expensive) tax bill. The House had initially raised the cap to $30,000 in the previous plan.
Business Upturn
6 days ago
- Business
- Business Upturn
Quantivision Business Institute (QBI) Launches MindArc 5.0: An Intelligent Trading Platform Driven by Four Core Security Protections, Leading a New Era in Financial Technology
San Diego, USA , June 04, 2025 (GLOBE NEWSWIRE) — Amidst the rapid evolution of global fintech, Quantivision Business Institute (QBI) announced that its groundbreaking intelligent trading platform, MindArc 5.0, will officially launch on September 1, 2025. This platform is centered around 'four core security mechanisms' and integrates artificial intelligence, quantitative algorithms, and real-time data processing, marking a revolutionary step for QBI in the field of intelligent trading systems. Upgraded: MindArc 5.0 Creates a New Paradigm for Intelligent Investing Development of MindArc 5.0 began in 2019 and has undergone years of algorithm refinement and live testing, demonstrating exceptional performance across various financial markets. The official version will comprehensively cover stocks, cryptocurrencies, forex, and commodities, allowing users to access trading support 24/7 through global cloud deployment. Key advantages of MindArc 5.0 include: · AI-Driven Insight System : Analyzes millions of financial data points in real-time to accurately identify investment opportunities. : Analyzes millions of financial data points in real-time to accurately identify investment opportunities. · Personalized Strategy Engine : Automatically generates tailored trading plans based on user risk preferences and financial goals. : Automatically generates tailored trading plans based on user risk preferences and financial goals. · Dynamic Risk Control Mechanism : Automatically adjusts positions and stop-loss points to effectively manage market volatility. : Automatically adjusts positions and stop-loss points to effectively manage market volatility. · Scenario Simulation and Prediction System: Utilizes historical and multi-variable models to simulate potential market crises and optimize asset allocation. The platform features multiple intelligent protection modules, including an MEV attack interception system, slippage prevention mechanism, abnormal trade identification, and risk exposure monitoring system, creating a comprehensive security trading loop of 'technology—strategy—data—risk control' to ensure users maintain a highly transparent and secure operational experience in complex market environments. Leading Fintech Education, Empowering the Next Generation of Financial Talent Since its establishment in 2015, QBI has focused on integrating cutting-edge technology with practical education, training fintech talent with a global perspective and advanced skills. The launch of MindArc 5.0 represents not only a technological innovation but also an important strategic upgrade for QBI—enabling advanced intelligent trading tools to serve global users and providing more investors with a low-threshold, high-efficiency intelligent investment experience. Proven Effectiveness through Practical Testing In multiple live tests, MindArc 5.0 significantly improved investment efficiency and decision quality. For instance, in the cryptocurrency market, its AI module successfully increased prediction accuracy by 20%. In high-frequency stock strategies, decision-making time was reduced by 30%, and risk drawdowns were significantly lowered. The system's self-optimization capability allows it to continuously iterate strategies based on market changes, ensuring long-term stability. Advancing Financial Innovation through Education and Research QBI will continue to develop a series of advanced courses and research projects around MindArc 5.0, covering areas such as AI prediction, quantitative modeling, financial data analysis, risk control, and intelligent investment advisory. Through simulated trading, case studies, and internship collaborations, students will experience a comprehensive leap from knowledge accumulation to practical capability. Partnering for the Future: Building an Open Intelligent Financial Ecosystem QBI is collaborating with various mainstream trading platforms to advance the global deployment of MindArc 5.0. It will continue to expand access to diverse markets and develop additional security extension modules, creating an open, intelligent, and secure fintech ecosystem. The launch of MindArc 5.0 signifies that QBI is not only a pioneer in financial education but also a leader in the innovation of intelligent trading technology. About QBI Quantivision Business Institute (QBI), established in San Diego, California, focuses on artificial intelligence, quantitative investing, and fintech education and technology development. It aims to cultivate future leaders and innovative platforms in the global fintech sector, having trained over 100,000 alumni active in core positions within the global financial market. Media ContactCompany Name: Quantivision Business Institute (QBI)Contact: Neill AldridgeWebsite: Email: [email protected]
Associated Press
03-06-2025
- Business
- Associated Press
Quantivision Business Institute (QBI) Announces Collaboration with Major Exchanges for Global Launch of MindArc 5.0 on September 1, 2025
San Diego, USA, June 03, 2025 (GLOBE NEWSWIRE) -- On May 31, 2025, Quantivision Business Institute (QBI) officially announced that its flagship intelligent trading system, MindArc 5.0, will be launched simultaneously on major global exchanges on September 1, 2025. Through global cloud deployment, it will provide high-performance and secure intelligent trading support to investors worldwide. Leading a New Era of Secure Intelligent Trading Founded in 2015 by fintech pioneer Professor Marcus J. Hayes, QBI is dedicated to combining cutting-edge AI technology, security compliance systems, and education to provide reliable fintech solutions for global investors and professionals. Over the years, QBI has become a leader in fintech education and innovative trading systems. MindArc 5.0 is QBI's self-developed intelligent trading analysis system, which has undergone years of technological iteration since its initiation in 2019. The system covers stock, cryptocurrency, forex, and commodities markets, featuring comprehensive risk control capabilities and intelligent analysis models, making it particularly suitable for high-frequency trading and quantitative investment. Industry-Leading Security Protections MindArc 5.0 includes several core security features to ensure the safety of user funds and data: The system also features self-optimization capabilities, continuously learning from user behavior and market data to enhance strategy precision, providing users with more efficient and personalized investment decision support. Comprehensive Global Launch Plan QBI is currently collaborating with multiple major exchanges in North America, Asia, and Europe. MindArc 5.0 will gradually launch starting in September 2025, leveraging global cloud services to provide investors with a seamless access experience. This deployment will significantly enhance the system's coverage and user experience, further solidifying QBI's leading position in intelligent trading and secure finance. Leading Experts Set to Establish Industry Standards QBI boasts a world-class faculty and technical team: Both experts designed the security and compliance architecture of MindArc 5.0 and incorporated practical case studies into QBI's educational curriculum to help users systematically master AI risk control and trading strategies. Balancing Education and Technology, Expanding Global Influence QBI has trained over 100,000 fintech professionals, with alumni at renowned institutions like Two Sigma, Bridgewater Associates, and Renaissance Technologies, and established strategic partnerships with Harvard and Stanford. QBI also promotes global financial literacy through an education fund, aiming to provide equitable educational resources to aspiring fintech individuals. Towards an Intelligent and Secure Financial Future QBI remains committed to the philosophy of 'technology for good, security as the foundation,' achieving efficient integration of technology and market through MindArc 5.0. This global launch is not only a demonstration of system capabilities but also an important milestone in QBI's commitment to promoting intelligent finance worldwide. Whether you are a professional trader or an emerging investor, QBI will be your trusted partner. Media Contact Company Name: Quantivision Business Institute (QBI) Contact: Neill Aldridge Website: Email: [email protected] Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neill Aldridge Service(at)
CNBC
29-05-2025
- Business
- CNBC
House Republican budget bill calls for bigger 'pass-through' business tax break. Who could benefit
Senate Republicans will soon debate trillions of tax breaks approved by House lawmakers, including a bigger deduction for small business owners, contractors, freelancers and gig economy workers. Enacted via the Tax Cuts and Jobs Act of 2017, the Section 199A deduction for qualified business income, or QBI, is currently worth up to 20% of eligible revenue, with some limitations. Without action from Congress, the QBI deduction will expire after 2025. But the House Republicans' "One Big Beautiful Bill Act" would make the provision permanent and expand the maximum tax break to 23% starting in 2026. More from Personal Finance:What the House GOP budget bill means for your money'Maycember' is almost over — here's how to recover financiallyCourt order challenges Trump's plan to move student loans to SBA The QBI deduction applies to so-called pass-through businesses, which report profits or losses on individual tax returns. This includes partnerships and S-corporations, along with some trusts and estates. Sole proprietors, such as freelance, contract and gig economy workers, also qualify. For 2025, the tax break starts to phaseout when taxable income reaches $197,300 for single filers and $394,600 for married taxpayers filing jointly. The deduction can be reduced or eliminated completely, depending on your earnings and type of business (more on that below). For tax year 2022, the most recent data available, there were roughly 25.6 million QBI deduction claims, up from 18.7 million in 2018, the first year of the tax break, according to IRS data. However, the deduction has been controversial because "most of the benefits flow to taxpayers with a lot of income," said Erica York, vice president of federal tax policy with the Tax Foundation's Center for Federal Tax Policy. "These are not taxpayers who work a W-2 job and earn a salary," she said. "They're business owners who receive business profits on their individual tax returns." Currently, certain white-collar professionals — doctors, lawyers, accountants, financial advisors and others — known as a "specified service trade or business," or SSTB, can't claim the QBI deduction once income exceeds certain limits. There's also an income phaseout for non-SSTB businesses, but that doesn't go to zero. The House bill would change the phaseout calculation, which could provide a bigger tax break for certain SSTB owners, said certified financial planner and enrolled agent Ben Henry-Moreland, senior financial planning nerd for advisor platform who analyzed the bill last week. If enacted, the higher 23% deduction could offer "some [tax] benefit" for all income levels, but the phaseout changes would primarily benefit higher-income SSTB owners, he said. The House proposed QBI deduction changes would be "more generous and more valuable to higher-income people, especially those in certain industries including lawyers and lobbyists," Chye-Ching Huang, executive director of the Tax Law Center at New York University Law, wrote in early May.
Globe and Mail
08-04-2025
- Business
- Globe and Mail
Rigetti Computing Stock Just Landed a Major DoD Victory. How Should You Play RGTI Here?
The U.S. Department of Defense has announced a new initiative that's helping Rigetti Computing (RGTI) amidst continued volatility in the broader market. Last week, the federal department picked RGTI and 14 other tech companies for a program it's calling the ' Quantum Benchmarking Initiative.' QBI aims at exploring whether designing a quantum computer that offers better computational value than the cost of building and operating it is possible by 2033. Rigetti Computing stock is down more than 45% year-to-date. Does QBI Make Rigetti Computing Stock More Attractive? QBI could be a reason to buy RGTI shares as it aims at promoting quantum computing from 'hype' to 'prototype.' According to Subodh Kulkarni, the chief executive of Rigetti Computing, federal support is 'critical for advancing quantum computing technology.' In March, China also launched a $138 billion fund focused on emerging technologies, including quantum computing, which bodes well for Rigetti Computing stock as it could make the U.S. invest more aggressively in quantum computing to maintain its technological lead over Beijing. Plus, expectations that the quantum technology market will grow at a compound annualized rate of about 25% through 2034 make RGTI shares more attractive to own at current levels as well. RGTI Shares Have Upside to $16 in 2025 In February, Taiwan's second-largest contract electronics manufacturer, Quanta, agreed to invest about $35 million in Rigetti Computing. According to Brian Kinstlinger, an Alliance Global analyst, that transaction further substantiates just how well RGTI is positioned in quantum computing. In fact, it's even ahead of the giants, including Microsoft (MSFT) and Amazon (AMZN) in quantum technology, he argued in a research note last week. Kinstlinger also raised his price target on Rigetti Computing shares to $16, indicating potential upside of nearly 100% from current levels. Rigetti Continues to Be a Street Favorite Investors should note that Alliance Global doesn't have a contrarian view on RGTI shares. The consensus rating on Rigetti Computing stock also currently sits at 'Strong Buy' with the mean target of nearly $15 indicating potential upside of about 90% from here.
