IRS

Your 2026 IRS Tax Refund Could Be Much Bigger – Here’s Why

Your 2026 IRS Tax Refund Could Be Much Bigger – Here’s Why

A major change in U.S. tax law means your 2026 IRS tax refund could be much larger than you expect. The One Big Beautiful Bill Act introduces new deductions for tip income and overtime pay starting in the 2025 tax year, which will directly impact returns filed in 2026. These changes may lead to significantly higher refunds for eligible…

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IRS Confirms No Changes To 2025 Withholding Tables Or W-2 Forms Despite New Tax Law

IRS Confirms No Changes To 2025 Withholding Tables Or W-2 Forms Despite New Tax Law

For taxpayers and payroll professionals alike, clarity is key—especially amidst sweeping tax reforms under the One Big Beautiful Bill Act (OBBBA). The IRS has stepped in with timely guidance: for Tax Year 2025, there will be no changes to withholding tables or major forms like the W-2, 1099, or Form 941. This move provides crucial consistency during a complex transition…

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