Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

WASHINGTON – Be prepared for the tax man to get even more personal this year – with questions about your health insurance. For the first time, you'll have to state whether you had health insurance, ...

To clarify, this isn’t a tax change; it’s a reporting change. All taxable income should be reported to the IRS regardless of the platform or volume, regardless of whether you get a 1099-K form in the ...

If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...

Forms 1099 are used to report a slew of payments not included on Form W-2 (for wages) or other tax forms. This might include earnings from stocks and dividends, pension distributions, canceled debts, ...

Since the enactment of H.R. 1, the One Big Beautiful Bill Act, the Internal Revenue Service has announced that it will not be updating 2025 tax forms such as the W-2 and 1099s to reflect OBBBA changes ...

You can change your federal tax withholdings by logging on to hcm.case.edu, clicking on the Payroll tile on the home screen, and navigating to “W-4 Information” on the following screen. No one at the ...