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

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.

The new IRS guidance (Notice 2025-69) clarifies how workers can claim the One Big Beautiful Bill Act's recently enacted ...

The IRS has released guidance for President Donald Trump's tips and overtime deductions. Here's what workers need to know.

There’s this great lyric in the Randy Travis song, “Is it still over?” where Travis sings, “Since my phone still ain't ringing, I assume it still ain't you.” That’s how I feel about the IRS these days ...

WASHINGTON — The IRS will furlough nearly half of its workforce on Wednesday as part of the ongoing government shutdown, according to an updated contingency plan posted to its website. Most IRS ...

WASHINGTON — Thousands of IRS employees will be furloughed as the partial government shutdown drags on, the tax-collecting agency notified employees on Wednesday. The updated IRS Lapsed Appropriations ...

The IRS will furlough nearly half of its workforce as part of the ongoing government shutdown, according to an updated contingency plan posted Wednesday to the agency website. Most IRS operations are ...

The IRS will not immediately be impacted by the partial government shutdown that began on Wednesday, Oct. 1. Congressional leaders failed to agree on funding legislation necessary for the U.S.

Pub firm and brewer Shepherd Neame said bad policy decision are ‘sucking cash’ from UK pubs (Frankie Julian/Shepherd Neame/PA) The boss of a major UK pub group has called on the Government to stop ...