Navigating New Tip, Overtime, and 1099 Rules Under OBBBA

Learn about the series of payroll-related changes that are taking effect under the One Big Beautiful Bill Act (OBBBA), beginning in 2025. The law introduces new tax deductions for tips and overtime pay, and it adjusts the reporting thresholds for issuing 1099 forms.

2025-08-05T16:38:46-04:00August 5, 2025|Categories: Tax Alert, Tax: Individual|Tags: |

Webinar | OBBBA: Decoding Tax Reform and Strategic Impacts

This webinar uncovers the major changes introduced by the One Big Beautiful Bill Act (OBBBA). Gain essential insights into the legislation’s impact on businesses and taxpayers, with guidance on navigating critical tax updates and maximizing strategic opportunities.

2025-07-31T16:51:03-04:00July 31, 2025|Categories: Tax: Business, Tax: Individual, Webinar|Tags: , , , |

Comparison and Analysis of the One Big Beautiful Bill and Its Impact on Businesses and Taxpayers

Learn how the recently passed One Big Beautiful Bill Act (OBBBA) tax changes may impact your personal or business planning with this comparison chart.

2025-08-01T14:59:20-04:00July 23, 2025|Categories: Tax Alert, Tax: Business, Tax: Individual|Tags: , , |

Key Tax Changes in the One Big Beautiful Bill

What’s in the One Big Beautiful Bill? Signed into law on July 4, 2025, this sweeping legislation includes more than 100 tax provisions. It builds on the Tax Cuts and Jobs Act (TCJA), modifying and in some cases permanently extending key provisions. The bill aims to update the tax code, stimulate business investment, and introduce new benefits for individual taxpayers. It also accelerates the phaseout of several clean energy incentives.

2025-07-25T11:45:35-04:00July 11, 2025|Categories: Tax Alert, Tax: Business, Tax: Individual|Tags: |

Key Differences Between House and Senate Tax Proposals

As of June 23, 2025, the Senate Finance Committee have released its version of the tax bill, aiming to match up with the House’s proposal that passed in May. Both versions extend major parts of the 2017 tax law and update certain business and individual tax breaks. But they take different approaches, and there are still some big differences to work through before anything becomes final. For taxpayers, it’s important to understand what each version includes in order to plan ahead, take advantage of new opportunities, and stay compliant.

2025-06-23T12:45:54-04:00June 23, 2025|Categories: Tax: Business, Tax: Individual, Uncategorized|Tags: |

House Ways and Means Committee Releases Draft Tax Bill

The House Ways and Means Committee has released a new draft tax bill that would extend several provisions from the Tax Cuts and Jobs Act (TCJA), many of which are set to expire in the coming years. The proposal includes new and expanded incentives for businesses, updates to individual tax rates and deductions, and a range of temporary relief measures scheduled to run through 2028.

2025-07-24T10:28:42-04:00May 19, 2025|Categories: Tax: Business, Tax: Individual|Tags: |

Webinar Recording | Estate Planning & Tax Law Changes for High Net Worth Families

Learn about the significant impact of proposed tax law changes, including the elimination of current strategies and increasing tax rates on high net worth clients and their wealth planning.

2025-07-15T15:07:14-04:00December 5, 2024|Categories: Events, Tax: Individual, Wealth Management, Webinar|Tags: , |

The IRS Is Lowering Interest Rates: Now What?

In mid November, the IRS announced that interest rates will decrease by a percentage point for the calendar quarter beginning January 1, 2025. Learn more about what that means for individuals and corporations.

2025-03-12T15:39:32-04:00November 26, 2024|Categories: Tax: Business, Tax: Individual|Tags: |

IRS Extends tax Deadlines for Hurricane Milton Victims in Florida

IRS grants disaster relief to taxpayers located in certain Florida counties. Affected taxpayers have until May 1, 2025, to file returns and make payments.

2025-03-12T15:52:46-04:00October 28, 2024|Categories: Tax Alert, Tax: Business, Tax: Individual|Tags: |
Go to Top

As Internet Explorer will discontinue browser security updates by August of 2021, this site is best viewed using Google Chrome, Safari or Microsoft Edge.

Click to Continue