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 will start accepting 2025 tax returns for the 2026 filing season on Jan. 26. Employers have until Jan. 31 to send out W-2 tax forms, but some have already made them available online. Trump's ...
The IRS requires Purdue, as an employer, to report whether an employee and dependents (if applicable) had health coverage in 2025. Therefore, employees receive Form 1095-C, which details whether they ...
Quick confession: This is my favorite time of year. I love all of it. In Pennsylvania, the leaves are just starting to turn colors. It’s turning cooler which means that I can open the windows and dig ...
The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...
January 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 tax returns. April 15 is the filing deadline. Tax experts, including the ...
The U.S. Department of Labor, in coordination with the Internal Revenue Service and the Pension Benefit Guaranty Corporation, published informational copies of the 2025 annual benefits plan reporting ...
January brings the new year, which means the month is filled with resolutions, settling into routine, and – whether you’re excited about it or not – tax season. Although it’s probably not your ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for ...
By Jacob Bogage WASHINGTON, May 22 (Reuters) - The U.S. Internal Revenue Service is debating requiring taxpayers to disclose ...
The IRS wants to become a digital-first agency, but its outdated systems and paper backlog are causing “acute performance ...