President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...

In a note published on LinkedIn, Kelly explained that many of the tax cuts announced as part of President Donald Trump’s One ...

US student loan borrowers face key tax changes as 2025 ends. Federal student loan forgiveness will again be taxable, and the ...

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

Donnelly concluded that traders who have not been reporting their crypto activity face increasing risk as the IRS and foreign ...

The era of casual crypto tax reporting in the United States is ending as the IRS moves to treat digital assets more like traditional securities and less like a niche side bet. Beginning with 2025 ...

The $600 reporting threshold has become a flashpoint for anyone who earns money through side gigs, payment apps, or freelance work. I want to unpack how that old limit is being reshaped, what the new ...

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

Since the enactment of the “One Big Beautiful Bill Act” (OBBBA) on July 4, 2025, employers have awaited guidance on ...

Kindly old elf, or CIA spook?" So mused Calvin of Calvin and Hobbes about old Kris Kringle's power to know whether children have been bad or good. Well, he's not the only one with that omniscient ...

The deal to end the shutdown, if passed by Congress and signed by President Donald Trump, would give IRS workers some reprieve—at least for now. Eight moderate Senate Democratic caucus members joined ...