IRS releases critical guidance on calculating tips and overtime deductions for 2025 The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through 2028 for qualified cash tips and overtime compensation. If you receive tips or overtime pay, you likely have questions about whether you’re eligible for a deduction and how big it might be. The IRS has…
State and Local Tax
Businesses of all sizes, especially those operating in multiple locations, are squarely in the bullseye of nearly 10,000 taxing jurisdictions in the United States. W&D helps clients effectively navigate this complex taxation maze.State and Local Tax Services
The state and local tax (SALT) rules can be complex and challenging. A lack of awareness or understanding of these rules can present costly risks to taxpayers.
By thoroughly understanding your business objectives, operational structures, and industry issues, we develop proactive, practical approaches to SALT planning and compliance designed to help you manage your state and local tax exposure and compliance.
W&D's key state & local tax services include:
- Business incentives and tax credits
- Income/franchise and gross receipt taxes
- Nexus reviews
- Sales and use tax
- Tax controversy
- Transactional planning and M&A due diligence
- Unclaimed property
The Idea Exchange Blog
Important federal tax filing dates for 2026
2026 tax calendar To help make sure you don’t miss any important 2026 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are due. Please…
Avoid Tax Scams: IRS 2025 “Dirty Dozen”
IRS Warns Taxpayers About the 2025 "Dirty Dozen" Tax Scams The IRS has released its annual Dirty Dozen list for 2025, warning taxpayers, businesses, and tax professionals about common tax…