After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...

Learn how to fix errors, report missing forms, and stay compliant with the IRS before filing your 2024 tax return.

The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

But because of the One Big Beautiful Bill Act, things are rolling back again. For the 2025 tax year and beyond, the threshold ...

After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds have changed since last year.

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

After years of sustained advocacy, the One Big Beautiful Bill Act marks the largest and most consequential federal victory ever for educational freedom and school choice. While advocates’ attention ...

Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne Australians are now paying the highest average rate of ...

The new tax break on tips is good news for tens of thousands of New York waiters and housekeepers, who no longer pay federal taxes on up to $25,000 a year in tips they collect. But that benefit — a ...