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Billy Long will be sworn in as IRS commissioner, taking over an agency he once sought to close
WASHINGTON (AP) — Former Missouri congressman Billy Long will be ceremonially sworn in as commissioner of the Internal ...
New 'No Tax on Tips' Bill Approved for 2025: What to Know Now
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
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Freelance, self-employed and gig workers: Here are 5 key provisions you should know about in the new tax law
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
What the IRS Really Knows About Your Income in 2025 – Clear Start Tax Reveals How to Stay Ahead of Surprise Tax Bill
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
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IRS Raises 401(k) Limits to $23,500 in 2025 – Key Changes in the New Big Beautiful Bill
Americans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...
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How You Should Report Tax-Exempt Tip Income to the IRS under the New Tax Plan
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
Tax Law Benefits Small Businesses and the Wealthy
The Tax Law Center at New York University Law has recommended repealing or amending the qualified small business stock provisions of the tax code—known as section 1202—to prohibit this gifting of ...
6 ways the new tax law could reduce your 2025 taxes
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...