In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act ...

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 ...

A letter urges an exception to the current “all or nothing” approach that prevents U.S. companies from deducting any part of ...

During a session at the AICPA National Tax Conference, the national taxpayer advocate said the IRS will start applying ...

The new guidance grants employees and employers “transition relief” until Jan. 1 of the first calendar year after final rules ...

Does your business employ individuals who receive tips or overtime pay?  Do you make payments to self-employed individuals that include tips?  If ...

In 2022, Congress enacted the SECURE 2.0 Act (the “Act”) with the intent to expand coverage and increase retirement savings. This week ...