Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...
Drafts of the 2026 federal tax guide for employers and the 2026 federal income tax withholding methods, including changes based on the One Big Beautiful Bill Act, Pub. L. 119-21, were released Nov. 5 ...
The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and payers. To help, ...
Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.
The IRS delays key payroll and withholding updates, giving taxpayers and employers a temporary break before new rules arrive in 2026.
Learn about the Additional Child Tax Credit, including its definition, claiming process, and special circumstances. Discover ...
If you’re self-employed or own a business, you may be wondering if it’s possible to get a mortgage. The short answer is yes, ...
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IRS Eases 1099-K Rules with $20K Limit

The Internal Revenue Service issued updated frequently asked questions on Form 1099-K on Oct. 23, 2025, clarifying reporting requirements for third-party payment networks under the One, Big, Beautiful ...
How charitably inclined taxpayers can use donor-advised funds and other tax strategies to get ahead of the OBBBA's revised rules on charitable deductions.
The “One, Big, Beautiful Bill Act” (OBBBA), signed into law by President Trump in July 2025, introduced four generous tax deductions for millions of Americans: qualified tips, overtime compensation, ...
If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...