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Trump Vows to End Taxes on Tips in Bid to Woo Restaurant Workers
Bloomberg via Yahoo News· 4 days ago(Bloomberg) -- Donald Trump’s out-of-left-field proposal to eliminate taxes on tipped income for...
Biden to propose new partnership rules as tax battle heats up
The Hill via AOL· 21 hours agoPresident Biden is putting forward new rules to go after wealthytax cheats as the battle on how to ...
Trump wants IRS to stop taxing workers’ tips, as Americans say tipping is ‘out of control’
Market Watch· 4 days agoCould the tax rules for tip income really vanish at a time when so much of the tax code’s current...
Experts: Will the Tax Code Change Again If Trump Is Elected in 2024?
GoBankingRates via AOL· 21 hours agoDonald Trump and Joe Biden have spent a great deal of time this campaign season talking about the...
EDITORIAL: No taxes on tips? Watch for unintended consequences
Las Vegas Review-Journal· 3 days agoOne of the signature achievements of Mr. Trump’s first term was the successful passage of a tax...
Weekly IRS Roundup June 3 – June 7, 2024
The National Law Review· 2 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 3, 2024 – June 7, 2024.
For Many Tax-Exempt Employers - Thanks to IRS Excise Taxes | JD Supra
JD Supra· 5 days agoThe IRS has added additional considerations to this process as a result of Internal Revenue Code (Code) §4960 and its related regulations ...
What it will take to make Direct File permanent
Government Executive· 20 hours agoThe IRS pilot of a government-backed online tool to file taxes for free, dubbed Direct File, is going permanent, the tax agency announced a few weeks ago...
Trump proposes a policy that could make tipping more annoying for everyone
INSIDER via Yahoo News· 3 days agoBiden has aggressively stepped up the IRS going after tip workers." Though the IRS announced a...
JD Supra: Death, Taxes, and Crypto Reporting – The Three Things You Cannot Escape
JD Supra· 1 day agoThe IRS released a draft of Form 1099-DA “Digital Asset Proceeds from Broker Transactions” in April...related to the sale of digital assets. The new reporting requirements ...