As we move through 2026, taxpayers and business owners face a rapidly changing tax landscape. From new federal tax legislation to increased international reporting requirements, understanding how current events impact your taxes can help you avoid costly mistakes and uncover valuable tax-saving opportunities. Here are some of the most important developments taxpayers should be paying attention to this year. 1. New Federal Tax Law Changes Could Impact Your Tax Bill Recent federal tax...

1 . Permanent Extension of 2017 Tax Cuts Many provisions from the Tax Cuts and Jobs Act (TCJA) that were set to expire in 2025 are now...

In July 2025, President Trump signed the One Big Beautiful Bill Act (Public Law 119-21), ushering in sweeping tax reforms that have made...