Resources

What Workers and Retirees Need to Know for 2026 There’s a lot of noise in the tax world right now — but three updates are getting the most attention: • Potential relief on taxes for tips • Possible deductions tied to overtime pay • An expanded deduction for seniors If you’re a service worker, hourly employee, or retiree, these updates could significantly impact your tax return. Let’s break it down clearly. 1. “No Tax on Tips” — What It Actually Means Recent IRS guidance conne

A Game-Changer for Taxpayers: What the “One Big Beautiful Bill” Means for Your Tax Returns The tax landscape in 2026 looks very different from years past — and it’s all because of a major piece of legislation passed in mid-2025 known as the One Big Beautiful Bill Act  (OBBBA). This wide-ranging tax package makes several significant changes to federal tax law that affect both individual and business taxpayers. 1. What Is the One Big Beautiful Bill? The One Big Beautiful Bill A