Payroll September 18, 2025
Tax Changes to Overtime Pay Under the One Big Beautiful Bill Tax Act – OBBBA Tax Law Changes
Under the One Big Beautiful Bill Act (OBBBA), employees can deduct overtime pay in certain situations—no questions asked.
Payroll September 18, 2025
Under the One Big Beautiful Bill Act (OBBBA), employees can deduct overtime pay in certain situations—no questions asked.
Taxes September 18, 2025
The Democrats’ bill would repeal Medicaid cuts enacted in July and also seeks a long-term extension of expiring Obamacare tax subsidies, a proposal that could cost hundreds of billions.
Taxes September 17, 2025
The new legislation includes a new tax deduction for senior citizens that sweetens the tax pot when they file their personal returns. This new deduction takes effect in 2025 and is scheduled to end after 2028.
Taxes September 17, 2025
Drawing on responses from more than 150 tax practitioners across firm sizes, the report uncovers a widening performance gap between those adopting AI-powered tax research solutions and those still using legacy tools.
Technology September 16, 2025
The new feature set, Drake Workflow, is built to help tax professionals streamline operations, enhance team coordination, and gain visibility into every return and customer progress during tax season.
Taxes September 16, 2025
Tax compliance is one of the most stressful tasks e-commerce and procurement executives perform, driven by both the complexity of tax laws and the high stakes of noncompliance, according to a new survey from Swap.
Taxes September 16, 2025
Thanks to the new One Big Beautiful Bill Act (OBBBA), the federal estate tax exemption will hit new heights next year. And what a long, strange trip it’s been.
Taxes September 15, 2025
The regulations include final rules related to a SECURE 2.0 Act provision requiring that catch-up contributions made by certain higher-income participants be designated as after-tax Roth contributions, the IRS said.
Taxes September 15, 2025
Schedule 1-A, "Additional Deductions," for Form 1040 will be used during the 2026 tax season to calculate new deductions for tips, overtime, car loan interest, and senior citizens.
Marketing September 15, 2025
By publishing timely, helpful content, your firm can attract prospects actively searching for answers and build authority in your local market.
Taxes September 15, 2025
Here’s what you need to know about how different states tax retirement income, including the states where you won't pay taxes at all.
Small Business September 15, 2025
Tariffs are expected to increase the cost to ship spices to the U.S. That means that producers will need to absorb prices and/or pass them onto the consumer.