The IRS has unveiled a draft version of the 2026 Form W-2, incorporating vital changes tied to the One Big Beautiful Bill Act (OBBBA)

The IRS and Security Summit partners have just concluded Week 5 of their “Protect Your Clients; Protect Yourself” summer series with a crucial reminder for tax professionals: identity theft is ever-evolving—and it’s targeting us more than ever.

School’s back in session—and that means educators are once again covering classroom costs out of pocket. Fortunately, the IRS offers a helpful tax break: the Educator Expense Deduction.

Heads-up for tax professionals: The IRS has issued a critical reminder for operators of heavy trucks and buses. Form 2290 — the Heavy Highway Vehicle Use Tax Return — is due by August 31, 2025 for vehicles first used on public roads in July 2025.