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 ...
The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...
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 ...
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A new way to access 1099-Rs and more detailed public-facing processing times are the federal human capital arm’s latest ...
Common 1099 forms and their purpose in reporting income sources like interest, dividends and capital gains Where to find Form 1099 online and how different financial institutions provide access to tax ...
Angela Rayner has said she hopes other families will learn from the “honestly made mistake” that allowed her to avoid a £40,000 tax bill. The former deputy prime minister, who was forced to resign ...
Rayner sensationally stepped down after a probe found she breached the ministerial ethics code ANGELA Rayner says she is talking to HMRC about paying back the tax she owes. The disgraced Labour bigwig ...
A group of front-line House Republicans on Tuesday called on Speaker Mike Johnson (R-La.) to “immediately” address the expiring enhanced ObamaCare tax credits once the government shutdown ends. Led by ...
If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...
South Africans have until midnight tonight to submit their income tax returns, or face penalties from the South African Revenue Service (SARS). IOL previously reported that the revenue service has ...