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

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

New Trump rebate update eligibility, inflation checks status, IRS where's my refund direct deposit, track social security ...

With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...

WASHINGTON – Be prepared for the tax man to get even more personal this year – with questions about your health insurance. For the first time, you'll have to state whether you had health insurance, ...

To clarify, this isn’t a tax change; it’s a reporting change. All taxable income should be reported to the IRS regardless of the platform or volume, regardless of whether you get a 1099-K form in the ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...