On July 3, 2025, Congress passed the One Big Beautiful Bill Act (OBBBA), a transformative tax law that eliminates federal ...
In this episode of Tax Notes Talk, Carolyn Schenck, former IRS national fraud counsel, shares insights from decades at the ...
Discover four smart strategies to lower your 2025 tax bill under the One Big Beautiful Bill Act (OBBBA). Learn how to ...
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 IRS released a set of frequently asked questions relating to the digital asset broker reporting regime under § 6045 and Treas. Reg.
The Internal Revenue Service is giving tax professionals and employers fresh guidance — and a temporary break — as sweeping ...
Kiplinger shared audit red flags to avoid if you don't want to draw unnecessary attention from the IRS. The IRS receives ...
A required minimum distribution is money that must be taken out of a retirement savings plan. More specifically, RMDs are the minimum amounts that must come out of given retirement plan accounts each ...
The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
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 ...
The Internal Revenue Service has posted guidance in the form of questions and answers on digital asset broker reporting on ...