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

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

The SECURE 2.0 Act of 2022 (“SECURE Act 2.0”) makes many changes impacting retirement plans. Among the most significant are ...

Plus: What’s open at the IRS, the fight over premium tax credits, guidance on OBBBA, Social Security increases, digital taxes and tariffs, Section 179 expenses and more.

Halfpricesoft.com, a leading developer for affordable tax preparation software is excited to announce the launch of ezW2 2025, a powerful, easy to navigate W2 and 1099NEC software solution. The ...

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

Getting out of debt isn’t easy — especially after a job loss. Credit card balances can balloon fast once income dries up, and ...

While the benefits you receive from Social Security are taxable at the federal level, your overall income will determine ...

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s ...

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

When it comes to paying federal taxes on Social Security income, it depends on your combined income and whether or not it ...

On September 16, 2025, the Internal Revenue Service (IRS) issued final regulations to reflect statutory changes under Section ...