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New Tax Law Brings Major Changes for Employers: What You Need to Know

ARTICLE | January 06, 2026

Authored by Vasquez + Company

The One Big Beautiful Bill Act has reshaped the employer tax landscape with sweeping changes that impact payroll, benefits, and reporting obligations. From new deductions for tips and overtime to expanded dependent care assistance and enhanced child care credits, these provisions offer both opportunities and compliance challenges. Some changes took effect immediately in 2025, while others begin in 2026, requiring employers to adapt their systems and processes now. Understanding these 10 key provisions will help your organization remain compliant while taking full advantage of available tax benefits.

Read the full article here.

 


Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. 

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