The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

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The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

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 ...

President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...

Treasure Department’s tax collector said it was providing temporary ‘transition relief’ to workers in certain jobs that ...

You may not need to pay Social Security tax on all of your earnings if you have a high salary. Workers pay into the Social Security system until their income reaches the Social Security tax limit ...

Federal-sector unions are supporting an effort to secure bargaining rights for Pentagon employees as lawmakers finalize ...

The income tax you pay on savings interest will rise by 2 percentage points from April 2027, differentiating it from tax on ...

The Finance Act 2025 brings about one of the biggest changes to India’s income tax structure in recent years. With a view to simplifying the tax law, improving compliance, and reducing litigation, the ...

The key points of the 2025 Budget announcement from Rachel Reeves, including confirmation of per-mile tax for electric ...