Discover four smart strategies to lower your 2025 tax bill under the One Big Beautiful Bill Act (OBBBA). Learn how to ...
Passed as an Internal Revenue Code amendment in the One Big Beautiful Bill Act, this new law has immense implications for ...
The “no tax on tips” law could push restaurants to reconsider their mandatory gratuity policies if they want qualified tips ...
Restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for ...
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 ...
No tax on tips ended up being a significant talking point in the last presidential election and Donald Trump has made good on ...
Take our RMD quiz to test your retirement tax knowledge. Learn about RMD rules, IRS deadlines, and tax penalties that could ...
The Internal Revenue Service is giving tax professionals and employers fresh guidance — and a temporary break — as sweeping ...
Plus: More government shutdown news, new guidance for employers, foreign real estate taxes, name, image and likeness (NIL) ...
The clock is ticking on 2025 payroll reporting, but the IRS just threw employers a lifeline. If your organization has been struggling to ...
The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...
The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.