The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...
Ultimately, the right entity choice depends on the business’s goals, profit model, ownership structure, and tolerance for ...
It’s gift-giving season, and we want to speak to people in the United States who are buying items from other countries.
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Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers
The U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring ...
A judge halted a federal deportation effort Friday, writing that the tax agency had illegally disseminated the data of some ...
The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...
On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining how workers can calculate their tax deduction for tips and overtime pay for ...
The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. IRS ...
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