The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

A sudden, unexpected job loss is one of the most trying financial situations a person will ever face. Your focus has to quickly shift to your immediate-term income situation. How much longer will you ...

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...

After scorching-hot inflation pushed income-tax brackets and a widely used tax deduction to their largest single-year increase in decades for the 2023 tax year, another round of sizable adjustments is ...

What will the extra lucky winner do with their $570 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 million (slightly better than the 1 in 302.6 million odds for winning the ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

In accordance with federal and state laws and regulations pertaining to the proper classification of individuals as independent contractors or employees, the University of Vermont must properly ...

WASHINGTON — The Internal Revenue Service will phase out paper tax refund checks for individual taxpayers beginning Sept. 30, following a presidential executive order aimed at modernizing federal ...