COVID-19 IRS Penalty Relief: What Taxpayers Need to Know

A recent court ruling may provide relief from COVID-19 IRS penalties. Learn who may qualify and why the July 10, 2026, deadline matters.

Protecting nonprofit operations when disaster strikes

When disaster strikes, your nonprofit needs to be ready. Learn how to build organizational continuity, whatever comes your way.

IRS CP53E Scam Alerts: What Taxpayers Need to Know

Learn how to identify IRS CP53E scam notices, avoid fraud, and safely verify tax refund requests and account information.

2026 OBBBA Tax Changes: Key Items to Review This Year

Review key 2026 OBBBA tax changes, including QOF deadlines, 1099 updates, charitable deductions, and new Section 530A “Trump accounts.”

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Protecting nonprofit operations when disaster strikes

Protecting nonprofit operations when disaster strikes

When disaster strikes, your nonprofit needs to be ready. Learn how to build organizational continuity, whatever comes your way.

IRS CP53E Scam Alerts: What Taxpayers Need to Know

IRS CP53E Scam Alerts: What Taxpayers Need to Know

Learn how to identify IRS CP53E scam notices, avoid fraud, and safely verify tax refund requests and account information.

2026 OBBBA Tax Changes: Key Items to Review This Year

2026 OBBBA Tax Changes: Key Items to Review This Year

Review key 2026 OBBBA tax changes, including QOF deadlines, 1099 updates, charitable deductions, and new Section 530A “Trump accounts.”

Don’t sleep on these after-tax-day tips

Don’t sleep on these after-tax-day tips

Learn smart after-tax-day tips for keeping IRS records, adjusting withholding, and avoiding penalties before next tax season.

Accounting Today 2026 Regional Leader

Accounting Today 2026 Regional Leader

Warady & Davis named a 2026 Great Lakes Regional Leader by Accounting Today for the 10th consecutive year in its Top 100 Firms and Regional Leaders report.

Retirement Tax Planning: Four Financial Questions to Ask Right Now

Retirement Tax Planning: Four Financial Questions to Ask Right Now

Tax season is the perfect time to review your finances. Ask these 4 key questions to optimize withdrawals, Roth conversions, Medicare & Social Security.

SALT Deduction Boost for 2025 Returns

SALT Deduction Boost for 2025 Returns

If you have high state and local tax expenses but have been claiming the standard deduction in recent years, it’s time to revisit itemizing.

How the new Trump Accounts for children will work

How the new Trump Accounts for children will work

Learn how Trump Accounts work, including eligibility, contribution limits, tax benefits, and how families can save for a child’s future.

What the New Tips and Overtime Deductions Mean for You

What the New Tips and Overtime Deductions Mean for You

The IRS has issued guidance for taxpayers wanting to claim new deductions for qualified tips income and qualified overtime compensation for 2025.

Have a question? Contact us today.

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Accountants | Auditors | Consultants | CPAs - Warady & Davis LLP is a Top 25 Chicago CPA Firm that provides audit, accounting, tax and consulting services to privately-held businesses, high net-worth individuals across the United States, including Chicago (IL), Milwaukee (WI) and surrounding areas. The firm provides a variety of accounting, tax, audit, technology, forensic, consulting and advisory services to guide businesses toward their goals. W&D's industries served include construction, healthcare, medical and dental practices, nonprofits, manufacturing, real estate, wholesale & distribution and closely-held businesses.

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