US Department of the Treasury and the Internal Revenue Service (IRS) released guidance to claim new tax deductions on tips ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

It is estimated that there are about 6 million workers who report tipped wages The Department of the Treasury and the ...

The IRS advances global crypto oversight as new reporting rules, Form 1099 DA, and a White House offshore proposal reshape ...

Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...

The IRS says it cannot meet new OBBBA reporting rules, leading to a temporary suspension of penalties on tip and overtime ...

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

The proposal follows growing pressure on U.S. regulators to strengthen digital asset tax compliance and reduce incentives for ...

The US crypto landscape is bracing for major regulatory shifts as the White House reviews an IRS proposal that would bring ...

The White House is reviewing a proposal from the IRS requesting that the US join CARF, an international crypto tax reporting ...

The Trump administration has moved a step closer to joining an international agreement that would allow the Internal Revenue ...

Kindly old elf, or CIA spook?" So mused Calvin of Calvin and Hobbes about old Kris Kringle's power to know whether children ...