The new IRS guidance (Notice 2025-69) clarifies how workers can claim the One Big Beautiful Bill Act's recently enacted ...

Brex explains that most business credit card rewards are not taxable, treated as rebates. Only non-purchase rewards, like ...

The new guidance grants employees and employers “transition relief” until Jan. 1 of the first calendar year after final rules ...

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

On November 21, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations under ...

For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime ...

At the same time, some nonprofit news leaders have avoided selling ads because the IRS has said their organizations would have to pay taxes on that revenue. They have also heard that selling too many ...

Examines the U.S. Tax Court case involving microcaptive in Patel v. CIR, 165 T.C. 10 (Nov. 12, 2025) where the 40% penalties were assessed.

Although advertising revenue largely sustained the news media in the 20th century, it's been harder to come by in the digital ...

REDMOND, Wash., Nov. 26, 2025 /PRNewswire/ -- Business owners and tax professionals can get a jump on the 2026 tax season with the new ez1099 tax form preparation software from Halfpricesoft.com . The ...

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...