IRS Adds New Reporting Code for Charitable IRA Gifts

Learn about the IRS’s new Code Y for reporting Qualified Charitable Distributions (QCDs) from IRAs, effective in 2025.
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 ...
Young and the Invested on MSN

The tax form trifecta: Master the W-2, W-4, and W-9

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

Employers Won’t Be Fined for Incorrect Reporting of 2025 Tips and Overtime, Treasury Department and IRS Say

On November 5, 2025, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued guidance confirming employers will not be penalized for failing to report cash tips and overtime ...