The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
The Internal Revenue Service is giving tax professionals and employers fresh guidance — and a temporary break — as sweeping ...
The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.
The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...
The Southern Maryland Chronicle on MSN

IRS Eases Tip, Overtime Reporting Rules for 2025

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...
The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next ...
Direct File, the free, government-provided alternative to services like TurboTax, won't be available for the 2026 tax season, ...