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A new federal deduction allows workers to exclude up to $12,500 ($25,000 for MFJ) of qualified overtime pay from taxable...
A new federal tax deduction lets eligible workers deduct up to $25,000 of tip income from 2025–2028. With fresh IRS...
The IRS has announced several important updates that tax professionals should be aware of regarding e-file operations, the issuance of...
This is summary of tax provisions taking effect in 2025 across various states....
The 2025 “Protect Your Clients; Protect Yourself” summer campaign highlights the most pressing security concerns and provides practical steps tax...
Beginning in early 2026, individuals who engage in digital asset transactions (including cryptocurrency) during 2025 will begin receiving Form 1099-DA....
The One Big Beautiful Bill Act (HR 1), signed into law on July 4, 2025, includes a wide range of...
The federal filing deadline for 2024 individual tax returns is Tuesday, April 15, 2024. It is also the filing deadline...
On February 18, 2025, the U.S. District Court for the Eastern District of Texas ruled that the reporting requirements under...
1Our blogs and all of the material within them have been prepared with the aim of providing key information only and do not constitute tax or legal advice in relation to any particular situation. While we aim to ensure that the information is correct at the date on which it is posted, the tax or legal position can change frequently, and the posts will not always be updated following any relevant changes.