MiBolsilloColombia on MSN

How the OBBBA saved thousands from filing taxes on electronic transactions

A new federal change is reshaping how online payments are reported to the IRS, bringing long-awaited relief to digital ...
La Grada

Surprise change from the IRS—how Trump’s new law will affect those who resell tickets on platforms such as StubHub or Ticketmaster

This action by the United States government has caused confusion, as according to analysts from Wolters Kluwer and the ...

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.
JD Supra

IRS Provides Critical Transition Relief for New Tips and Overtime Reporting Requirements: What HR Needs to Know Now

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

Issuing 1099s: What Every Business Owner Needs To Know

If you are a business owner, you have likely heard of Form 1099. It is a crucial part of tax compliance and should not be ...
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 ...

IRS Grants Relief Over Taxes on Tips

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