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

What will the extra lucky winner do with their $490 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

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

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Who will be the extra lucky winner of the $900 million Mega Millions Jackpot? The odds of winning the jackpot are 1 in 302.6 million (slightly lower than the 1 in 290.5 million odds for winning the ...

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

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

The IRS issued guidance Wednesday providing penalty relief for employers from reporting requirements in President Donald Trump’s new tax law on tips and overtime.

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 ...

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The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...