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

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 ...

Does your business employ individuals who receive tips or overtime pay?  Do you make payments to self-employed individuals that include tips?  If ...

Summary Guarantees—personal, corporate, and bank—play a crucial role in financial transactions, but under GST they attract ...

The Tribunal held that once CPC allowed the 80JJAA deduction through a subsequent Section 154 order, the earlier rectification appeal no longer survived. The appeal was dismissed as academic, with a ...

Chancellor Rachel Reeves delivers her 2025 Autumn Budget on 26 November. Ahead of the speech, 34 founders outline what they ...

Wondering if fourth stimulus check is coming before the holidays in 2025? Here's what Trump said about $2000 tariff dividend payment date, eligibility ...

The new tax break on tips and overtime has been sold as a windfall for workers who stay late, pick up extra shifts, or live ...

Trump suggests the new plan for 2026 stimulus payments is a patriotic payback to working families, who are shouldering higher costs. However, you might recall that this message echoes previous ...

During a session at the AICPA National Tax Conference, the national taxpayer advocate said the IRS will start applying ...

Commerce Secretary Howard Lutnick said Monday that President Donald Trump's proposal for a $2,000 tariff-funded stimulus check would only go to " people who need the money." ...