News

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
Slot machine players just caught a break. The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
Payment platform reporting tops Americans' tax concerns in 2025. Learn how changing IRS thresholds for platforms like Venmo ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...
Eliminating taxes on Social Security benefits is missing from President Trump’s tax overhaul. Here’s why and what an ...
Trump tax law is making headlines with a major change that eliminates federal income taxes on tips and overtime pay, starting ...