The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...
The Southern Maryland Chronicle on MSN

IRS Eases Tip, Overtime Reporting Rules for 2025

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...
An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...
The Internal Revenue Service is giving auto lenders some breathing room on new reporting rules tied to the "One Big Beautiful ...
The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
The Trump administration has ended this free IRS tax filing program. Find out what's happening and what it means for you.
Kiplinger shared audit red flags to avoid if you don't want to draw unnecessary attention from the IRS. The IRS receives ...
Trump team is secretly handing out massive tax breaks to wealthy American corporations: report - The proposed regulations ...
Colorado, Connecticut, Kansas, Minnesota, Montana, New Mexico, Rhode Island, Utah, and Vermont-could see reductions in their ...
The IRS released a set of frequently asked questions relating to the digital asset broker reporting regime under § 6045 and Treas. Reg.