Navigating complex IRS reporting requirements is crucial for modern digital commerce. Review the legislative impact on your ...

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 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 ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. IRS ...

Trump Admin projects record 2026 tax refunds with an average $1,000 bump. See how $191B in new tax relief impacts your return ...

The IRS’s introduction of a new $600 threshold for Form 1099-K reporting on third-party payment platforms like Venmo, Cash ...

The One Big Beautiful Bill Act of 2025 (OBBBA) expands several business tax benefits while easing certain compliance ...

This action by the United States government has caused confusion, as according to analysts from Wolters Kluwer and the ...

IRS Fact Sheet 2025-08 has been released, answering questions regarding the dollar threshold for filing Form 1099-K under the One Big Beautiful Bill Act. The OBBBA retroactively reinstated the ...

October 24, 2025 - WASHINGTON — The Internal Revenue Service on Thursday issued frequently asked questions in Fact Sheet 2025-08 PDF regarding the dollar threshold for filing Form 1099-K under the One ...