At Haworth & Company, we keep an eye on the latest IRS updates so you don’t have to. As a small business owner, you already juggle enough – so our focus is on the tax changes and announcements that could matter most to you. Check out the latest below and let us know if you have any questions!
Who:
Treasury and IRS
What:
When:
1/16/26
Why Should You Care?
One-time supplemental basic allowance for housing payments of $1,776 were made to members of the uniformed services in December 2025. If you, any of your employees, or someone you know received one of these payments, the IRS has confirmed they are qualified military benefits and thus not taxable Federally.
Disclaimer: This blog content is for general informational purposes only, should not be considered professional advice, and does not establish a client relationship. Haworth and Company is not liable for the accuracy of this information or the content of external links. Please use this information at your own risk, ensuring it suits your specific needs, and consult with a certified tax professional for your own personalized guidance.