Hey everyone, I wanted to open up a discussion about the upcoming OBBBA update 2026 and the IRS Form Updates 2025–26. It seems like a lot of businesses are starting to feel the pressure to review their compliance and reporting processes earlier than usual. Between changes in documentation requirements and updates to tax forms, there’s definitely more to keep track of this cycle.
I recently came across a breakdown that explains what’s changing and how it could affect financial reporting and tax filings. It got me thinking about whether it’s better to start updating systems and training teams now or wait until final guidance is released. How are you all preparing for these updates?