Taxes May 21, 2026
5 Tax Planning Moves to Make Due to the One Big Beautiful Bill Act
A higher SALT cap, no tax on tips and overtime, and a new $6,000 senior deduction reshape 2026 planning.
Taxes May 19, 2026
IRS Deal Reportedly Bars Agency from Auditing Trump
The agreement by the IRS is just one part of a major settlement resolving the case.
Taxes February 26, 2026
AICPA Requests Guidance for Itemized Deductions and Trump Accounts
The letter focuses on Section 70111, which modifies the Section 68 limitation on itemized deductions and provides comments on Notice 2025‑68, outlining the IRS’s planned regulations for Section 530A Trump accounts.
Special Section: Guide to 2025 Tax Changes December 23, 2025
2026 Income Tax Filing Guide – An Overview of All of the New Tax Laws – OBBBA
This series of articles spotlights key tax issues and changes made to tax law in 2025 that will affect the 2026 income tax filing season and the years to come, as a result of the One Big Beautiful Bill Act.
Taxes October 21, 2025
AICPA Seeks Safe Harbor for Reporting Tips and Overtime
The One Big Beautiful Bill Act created Internal Revenue Code sections 224 and 225, which temporarily allow a deduction for taxpayers for qualified tips and qualified overtime compensation.
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.
Taxes August 15, 2025
New OBBBA Tax Law Shakes Up SALT Deduction Rules
For the next few years, the new One Big Beautiful Bill Act (OBBBA) lifts the cap on annual SALT deductions from $10,000 to $40,000, paving the way for more itemizers to claim this write-off.
Taxes July 30, 2025
One Big Beautiful Bill Act Changes 1099 Thresholds
The One Big Beautiful Bill Act raises the 1099-MISC and 1099-NEC reporting thresholds to $2,000.
Taxes July 4, 2025
President Signs Sweeping Tax and Spending Bill Into Law
President Donald Trump held an outdoor signing ceremony at the White House on Friday, formally enacting a major tax and spending bill that passed through the Senate and House earlier in the week.
Taxes February 21, 2025
2025 IRS Tax Refund Schedule: IRS Layoffs Could Cause Delays in Refunds
This article includes an easy reference chart that taxpayers can use to estimate how soon they may get their income tax refund.
Taxes February 16, 2025
IRS Income Tax Refund Schedule for 2025 – Could IRS Layoffs Delay Tax Refunds?
Updated Feb. 16, 2025. Tax season has just begun, but it may be about to get more difficult for taxpayers and tax preparers such as CPAs and accountants. The move could also delay income tax refunds. The IRS started accepting income tax returns on January 27, 2025, which means tax filing season is officially upon...…