News

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...
A major win for gamblers raises the jackpot reporting threshold to $2,000 next, officials confirmed this week. For gamblers ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
Form 1099-MISC (for payments not covered by other 1099 forms), and Form 1099-NEC (for nonemployee compensation) have been ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot winnings from $1,200 to $2,000. This is the ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While ...
The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
A key rule that gamblers hate has finally changed and that's good for Las Vegas, cruise lines, and regional casinos.