Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

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

For most small business owners, success is typically followed by a substantial tax bill. Here are five things every owner ...

The ITAT Kolkata ruled that an employee is entitled to full TDS credit even if their employer failed to deposit the tax. The ruling emphasizes that the remedy lies against the ...

Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.

The proposed regulations on the "no tax on tips" provision of the One Big Beautiful Bill Act outline which jobs and tips ...

Accountants give their tips on how workers and employers should approach tipped income under new tax rules. The tax and spending bill passed by Congress and signed into law by the president on July 4 ...

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.

The IRS is getting on with it quietly and rewriting a section of the tax playbook. This month, the agency published a draft ...

The proposed regulations define “qualified tips” for purposes of the deduction and contain details on allowable forms of payment.

Under the new rules, casino workers can deduct qualified tips dollar-for-dollar from their taxable income, subject to an ...