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 One Big Beautiful Bill Act (OBBBA) brings important changes to business tax and reporting rules, especially for employers ...

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

Halfpricesoft.com, a leading developer for affordable tax preparation software is excited to announce the launch of ezW2 2025, a powerful, easy to navigate W2 and 1099NEC software solution. The ...

The Equal Employment Opportunity Commission (EEOC) has been unusually active in recent months, issuing significant opinions ...

The SECURE 2.0 Act of 2022 (“SECURE Act 2.0”) makes many changes impacting retirement plans. Among the most significant are ...

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

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.

If you are a business owner, you have likely heard of Form 1099. It is a crucial part of tax compliance and should not be ...

The National Restaurant Association policy team explains the new rules and how they affect restaurant employees.