The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

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

The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.

The Internal Revenue Service has shut down its Direct File free tax-filing program, sending an email to the 25 states that ...

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...

The caller's account entails a blatant attempt to work around federal tax credit requirements. According to the transcript, ...

The IRS announced its free tax filing service is no longer available. While not perfect, experts say it was a step in the ...

The Internal Revenue Service is giving tax professionals and employers fresh guidance — and a temporary break — as sweeping ...

The new “no tax on tips” law could push many restaurants to reconsider their mandatory gratuity policies if they want ...

Restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for ...

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 ...