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JD Supra6h

One Big Beautiful Bill Act’s No Tax On Tips and Overtime Provisions Prompt Important Questions and Considerations for Both Employers and Workers

On July 4, 2025, President Donald Trump signed the “One Big Beautiful Bill Act” (OBBBA) into law. The expansive federal tax and spending bill ...

‘I don't care about Direct File': IRS chief says agency plans to end free filing program

President Donald Trump's massive spending and policy bill includes funding to research and "replace any direct e-file ...
Journal of Accountancy3d

IRS staff cuts could put burden on practitioners to explain OBBBA

A retired IRS communications executive told the AICPA’s Town Hall that employees will be challenged to explain tax changes in ...

Map Shows States Where IRS Tax Returns Could Change for 2026

The IRS commissioner hinted that Direct File, which offers free tax filing with the IRS, won't be an option next filing ...

Texas won't be spared: Big changes coming to Medicaid, Marketplace health insurance in 2026

Marketplace insurance premiums expected to go up by 75% in 2026 as some people will no longer qualify for Medicaid or ...

IRS slot jackpot threshold is going up, experts say. But when?

The threshold for reporting slot machine jackpots to the IRS is going up, but not immediately. At least, that is how many ...
mlive2h

Trump’s ‘beautiful bill’ will create big Michigan budget hole, report says. What about a roads deal?

The projected $1.1 billion hole in Michigan’s upcoming budget will likely put a wrench into ongoing negotiations over a long-term road funding plan.
MinnPost7h

Tucked away in One Big Beautiful Bill, a plan to disqualify refugees from health care assistance

Refugees and those granted asylum status will also no longer get tax credits for joining a private health plan, or qualify ...