The OBBBA raises the 1099 reporting and backup withholding threshold from $600 to $2,000 for payments made after December 31, 2025. Here's what changed, what didn't, and how businesses should adjust their W-9 collection process for 2026.
Payroll doesn’t stop at your employee’s paycheck. As an employer, you’re also responsible for meeting state payroll tax reporting requirements. Missing a filing deadline or submitting incomplete information can lead...
Form 1099-DA reporting rules are officially in effect for tax year 2026, ending the transition-period flexibility brokers relied on in 2025. Here's what's required now, who it applies to, and the deadlines to plan around.
The One Big Beautiful Bill Act (OBBBA) brings 12 major tax changes for 2026, including permanent tax rates, a bigger QBI deduction, no tax on tips and overtime, and higher SALT and estate tax caps, that business owners and tax professionals need to know before filing season.