Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...

If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

A long-awaited update to slot jackpot tax reporting included in the One Big Beautiful Bill Act will take effect in 2026, the Internal Revenue Service confirmed this week.

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

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If you itemize your tax deductions and like to contribute financially to the causes and groups that you support, do it before ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...

By taking a few intentional steps in January, you can smooth out your tax burden, reduce errors and make the 2026 filing ...