In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act ...
A letter urges an exception to the current “all or nothing” approach that prevents U.S. companies from deducting any part of ...
The new guidance grants employees and employers “transition relief” until Jan. 1 of the first calendar year after final rules ...
During a session at the AICPA National Tax Conference, the national taxpayer advocate said the IRS will start applying ...
In 2022, Congress enacted the SECURE 2.0 Act (the “Act”) with the intent to expand coverage and increase retirement savings. This week ...
W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...
Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...