Navigating complex IRS reporting requirements is crucial for modern digital commerce. Review the legislative impact on your ...

US Department of the Treasury and the Internal Revenue Service (IRS) released guidance to claim new tax deductions on tips ...

On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Treasure Department’s tax collector said it was providing temporary ‘transition relief’ to workers in certain jobs that ...

Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...

Kindly old elf, or CIA spook?" So mused Calvin of Calvin and Hobbes about old Kris Kringle's power to know whether children ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review from 2023, which showed “the potential for” a mere ...

For years, one of the most nerve-wracking moments for company founders and early employees has received a crucial, modern upgrade. The Internal Revenue Service (IRS) has finally entered the digital ...

Cardi B’s estranged husband, Offset, was hit with a new six-figure lien — bringing his unpaid tax bill to over $2.3 million, Us Weekly can exclusively report. On October 15, the Internal Revenue ...

If your business files Form 1098, 1099 or other information returns with the Internal Revenue Service (IRS), a major shift is on the horizon. The IRS has recently announced the launch of its new ...