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Recent Updates

New information return and payroll tax reporting rules require attention

Oct 10 in Emerging Tax and Regulations Alert, Tax Info

The One Big Beautiful Bill Act (OBBBA) introduced or updated numerous business-related tax provisions. The changes that are likely to have a major impact on employers and payroll management companies include new information return and payroll tax reporting rules. Let’s take a closer look at what’s new beginning in 2026 — and what businesses need ... Read More ›

What taxpayers need to know about the IRS ending paper checks

Jul 29 in Emerging Tax and Regulations Alert, Individual Tax Alerts, Tax Info

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal benefit payments. The U.S. Treasury Department, the IRS and the Social Security Administration (SSA) will soon stop issuing paper checks. This transition is designed to increase efficiency, reduce fraud and lower administrative costs — but ... Read More ›

The OBBBA will soon eliminate certain clean energy tax incentives

Jul 24 in Emerging Tax and Regulations Alert, Tax Info

For some time, President Trump and the GOP have had their sights on repealing many of the tax incentives created or enhanced by the Inflation Reduction Act (IRA). With the enactment of the One, Big, Beautiful Bill Act (OBBBA), they’ve made progress toward accomplishing that goal. Here’s a closer look at some of the individual-related ... Read More ›

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