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.”

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.

IRS Issues 2025 Tip and Overtime Guidance

Learn how IRS Notice 2025-69 guides workers in calculating qualified tip and overtime deductions for 2025 when employers don’t provide separate reporting.

Cut Your Business’s 2025 Taxes with Year-End Strategies

Reduce your business’s 2025 federal tax liability with year-end planning steps, new OBBBA opportunities, and strategies to maximize deductions.

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What’s in the “One Big Beautiful Bill Act” H.R.1

Learn how the One, Big, Beautiful Bill Act could affect your taxes, with TCJA extensions, new deductions, and key business and individual changes.

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.