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 / ...
The almost 900-page bill has plenty to say about taxes, and an array of changes, new credits and deductions are part of the ...
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 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
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 lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Payment platform reporting tops Americans' tax concerns in 2025. Learn how changing IRS thresholds for platforms like Venmo ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...