The Internal Revenue Service (IRS) released guidance on November 5, 2025, granting employers relief from tax penalties for failing to provide employees information related to their (1) “qualified tips ...

The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.

After decades of limiting private letter ruling issues, the IRS has steadily widened its program, providing taxpayers greater certainty.

Inflation refund checks and ANCHOR checks are on the way for some Americans in October, but what about a fourth stimulus check in 2025 or the tariff rebate? Here's how to track the status of your ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

The Internal Revenue Service on Thursday revoked guidance it had sent to employees the day prior reminding them that federal statute guarantees those furloughed during the shutdown will receive back ...

Nearly half of the IRS workforce — nearly 34,000 employees — faces furloughs as the government shutdown enters its second week, with the agency rolling out a contingency plan to keep key tax ...

Will October be the month a fourth stimulus check will go out? Or what about President Donald Trump's possible tariff rebate? There have been rumors and unsupported speculation spreading on social ...

The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500 for individuals. The IRS published a draft of the 2025 version of Form 8880, ...

The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown, pointing to the approaching Oct. 15 deadline ...