The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

"Subtraction is harder than addition." This simple phrase sums up the problem people have with cutting expenses: It's easy to ...

The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

Regardless of when the government gets back up and running, it is likely that the effects of the reduced staff, reduced ...

The Internal Revenue Service (IRS) released guidance on November 5, 2025, granting employers relief from tax penalties for failing to provide employees information related to their (1) “qualified tips ...

The clock is ticking on 2025 payroll reporting, but the IRS just threw employers a lifeline. If your organization has been struggling to ...

Even if you move overseas, you may still owe UK tax on UK‑source income (for example, rental income, UK pensions or ...

Latest India Stock/Share Market News, NSE, BSE, Global Market, Sensex Nifty. Live Business News headlines on IPO, Stock/Share tips, Personal Finance, Budget, Tax, Mutual Fund, Commodity Market more ...

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...

The proposed surtax—the 2% extra tax rate would only apply to earnings over $1 million—would, Mamdani suggests, make New York’s tax more progressive. The federal income tax system, he points out, is ...