IRS has published a list of requirements to qualify for the 'No Tax on Tips" deduction including job requirements.
The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...
The IRS has extended the comment period for Form 6765 draft instructions on the Credit for Increasing Research Activities to March 31, 2026, allowing stakeholders more time to provide feedback.
The comment period has been extended to March 31, and the extra 45 days to perfect R&D claims is now available Jan. 10.