The IRS has published a draft of the 2026 Form W-2, which incorporates above-the-line tax deductions for “qualified tips” and “qualified overtime compensation,” as recently established by the One Big ...
The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer Identification Number and Certification. Here’s a look at what’s new—and why it matters ...
The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and ...
The Internal Revenue Service has released a draft version of a revised Form 990 informational tax return for nonprofit organizations and has asked charities to comment on its ideas. The draft form ...
The Internal Revenue Service has released draft versions of revised forms important to charities and has asked nonprofit organizations to comment on its ideas. The draft of a revised Form 990-EZ, ...
The Internal Revenue Service last week released an early release draft of its revised Schedule H form, which incorporates additional reporting requirements as outlined by the Patient Protection and ...
The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...
The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...
A draft report by the investigative arm of Congress concludes that the Internal Revenue Service lacks adequate data on the finances of nonprofit groups and has failed to develop effective strategies ...