Navigating complex IRS reporting requirements is crucial for modern digital commerce. Review the legislative impact on your ...
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 ...
The IRS’s introduction of a new $600 threshold for Form 1099-K reporting on third-party payment platforms like Venmo, Cash ...
The College Investor on MSN

How To File An Amended Tax Return

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 ...
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 ...