The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...
The Southern Maryland Chronicle on MSN
IRS Eases Tip, Overtime Reporting Rules for 2025
The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...
The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...
The U.S. Department of Labor (DOL) recently rocked the business world when it announced a Proposed Rule that, if implemented in its current form, would force employers around the country to increase ...
The IRS issued guidance Wednesday providing penalty relief for employers from reporting requirements in President Donald Trump’s new tax law on tips and overtime.
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