The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

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 ...

After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any ...

The Internal Revenue Service is giving tax professionals and employers fresh guidance — and a temporary break — as sweeping ...

The “no tax on tips” law could push restaurants to reconsider their mandatory gratuity policies if they want qualified tips ...

The IRS announced its free tax filing service is no longer available. While not perfect, experts say it was a step in the ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for ...

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...