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The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.
A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it's big news.
Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for nonemployee compensation) have been ...
Under Trump’s “big beautiful bill,” children born in 2025 through 2028 will receive a $1,000 deposit into a Trump account.
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
The "big, beautiful bill" offers tax breaks that can benefit small-business owners — but it may have additional impacts that ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
The lone bright spot in the horrific gambling tax changes in Pres. Donald Trump's new spending bill is the handpay threshold is now $2,000.
On July 4, 2025, the federal government enacted H.R. 1, “An Act to provide for reconciliation” which is popularly known as ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
Republicans cheered President Donald Trump’s signing of the “big, beautiful bill” on July 4 as “driving down energy costs.” But homeowners planning to install solar panels were hit with a tight ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.