Drafts of the 2026 federal tax guide for employers and the 2026 federal income tax withholding methods, including changes based on the One Big Beautiful Bill Act, Pub. L. 119-21, were released Nov. 5 ...
20hon MSN
IRS Grants Relief Over Taxes on Tips
The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.
Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...
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 ...
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