An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...
The Accountant on MSN
US Treasury, IRS ease 2025 reporting penalties for tips, overtime
The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
The Internal Revenue Service unveiled a Simple Notice initiative Tuesday to review, redesign and deploy hundreds of its notices, starting with the most common notices that individual taxpayers receive ...
You might finally understand the complicated letters you receive from the Internal Revenue Service every tax season. The federal agency announced Tuesday, just six days before the 2024 tax season ...
The IRS Final Notice of Intent to Levy is a formal notification sent to taxpayers, indicating the IRS's intention to legally seize their assets to settle a tax debt. This action, known as a levy, is a ...
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