Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

Notice 2025-62 PDF provides penalty relief from the new information reporting requirements for cash tips and qualified ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Gauhati High Court held that statement of tax determination under section 73(3) of the CGST Act does not substitute the proper SCN required under Section 73(1). Further, passing of an adverse order ...

The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.

India's crypto ecosystem has grown at a rapid pace-and so have the country's laws concerning taxation. Crypto taxation rules ...

As the Halloween season ends, the Philippines continues to be haunted by “ghosts,” manifested in the form of ghost projects or ghost receipts. While these issues may seem unrelated, they share a ...

IRS eases reporting for lenders on 2025 auto loan interest under H.R. 1, allowing borrower statements in place of direct IRS filings.