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IRS Releases Guidance on OBBBA Deductions: What Taxpayers and Employers Need to Know

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IRS Releases Guidance on OBBBA Deductions: What Taxpayers and Employers Need to Know

The One Big Beautiful Bill Act introduces several tax benefits designed to reduce taxes on certain types of income and expenses. Now, the IRS has released guidance explaining how taxpayers will actually claim those benefits on their returns. Here’s what taxpayers and employers should know.

By Andrew Tavares March 19, 2026

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