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Looking for information on the "Big Beautiful Bill"?
The Big Beautiful Bill—officially the One Big Beautiful Bill Act—was passed by Congress in July 2025 as a major tax and economic reform package. Its goal is to reduce taxes for individuals and families, increase take‑home pay, and streamline several federal tax rules.
This new law introduces several high‑impact deductions, including no tax on tips, no tax on overtime, and additional relief for seniors. These provisions are designed to lower taxable income for millions of Americans and provide meaningful financial relief throughout the 2025–2028 filing years.
To learn how these changes work, who qualifies, and how they may affect your taxes, click on the link below.
Important Deadline Dates
- 1099 forms February 2, 2026
- W2 forms February 2, 2026
- Business Personal Property Tax Rendition (Form 901) Reported to County Assessor in Oklahoma March 15, 2026 NO EXTENSION AVAILABLE
- Individual Tax Return (1040, 1040-EZ and 1040-SR forms) April 15, 2026 Extension deadline October 15, 2026
- Partnership Tax Return (1165 forms) March 15, 2026 Extension deadline September 15, 2026
- S Corp Tax Return (1120-S forms) March 15, 2026 Extension deadline September 15, 2026
- C Corp Tax Return (1120 forms) April 15, 2026 Extension deadline October 15, 2026
- Non-Profit Tax Return (990 forms) (when Fiscal Year end is December 31st) May 15th, 2026 Extension Deadline November 15, 2026
- Homeowners Association Tax Return (1120-H forms) April 15, 2026 Extension deadline October 15, 2026
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