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, ...
An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...
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 ...
The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...
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.
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, ...
Forms 1099 are used to report a slew of payments not included on Form W-2 (for wages) or other tax forms. This might include earnings from stocks and dividends, pension distributions, canceled debts, ...
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 ...
You can change your federal tax withholdings by logging on to hcm.case.edu, clicking on the Payroll tile on the home screen, and navigating to “W-4 Information” on the following screen. No one at the ...