Foreign crypto may soon be very visible to the IRS. Currently, IRS has almost no automatic visibility into foreign crypto ...

Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.

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

On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...

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

The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from ...

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...

Here's what to know if you are in a dispute with the IRS or waiting for a refund—and how delays could impact next year's tax ...

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

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