Overtime wages would not be taxed under the House version of the bill. Under the Senate version, an individual's first $12,500 of extra overtime pay would be tax-deductible. The income limit on the ...

President Donald Trump signed the One Big Beautiful Bill into law, which includes new tax deductions for tips and overtime pay that take effect now.

According to CoinLedger CEO David Kemmerer, thousands of U.S. crypto investors have recently received warning letters from the Internal Revenue Service (IRS), marking a significant escalation in ...

WASHINGTON — The acting commissioner of the Internal Revenue Service is resigning over a deal to share immigrants' tax data with Immigration and Customs Enforcement for the purpose of ...

The Federal Inland Revenue Service has now become the Nigeria Revenue Service, following President Bola Ahmed Tinubu's assent to four tax reform bills.

WASHINGTON—The Senate confirmed former Republican Rep. Billy Long to run the Internal Revenue Service, placing a consistent and vocal supporter of President Trump in charge of the tax agency ...

President Tinubu's tax reform bills shake up Nigeria's revenue agencies. New tax laws, NRS establishment, and VAT changes effective January 1, 2026.

The Internal Revenue Service has admitted to selectively auditing conservative groups. This is hardly a first offense. The IRS targeted MLK, too.

On improving tax collection What measures have had the greatest impact on boosting tax revenues in Lagos? AYODELE SUBAIR: There have been two major laws introduced which turned things around: the ...

An independent contractor is a person or entity engaged in a work performance agreement with another entity as a non-employee.

IRS improved taxpayer services but slow to resolve identity theft, independent watchdog says An independent watchdog finds the IRS has improved its overall taxpayer service through Democrats ...

SUPPLEMENTARY INFORMATION: Internal Revenue Service (IRS) Title: Requirements and procedure for recovering reasonable administrative costs. OMB Number: 1545-1356. Regulation Project Number: TD 8725.