A federal appeals court has clarified how mandatory wage deductions for employee purchases impact employer liability, ...

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime ...

Working from home has become increasingly common, but tax rules supporting remote workers have not kept pace. Since the 2018 ...

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

Salaried employees generally receive a set amount of pay each pay period, which is not based on hours or days worked. A salaried exempt employee does not qualify for overtime, but a salaried ...

Some gifts that a small business owner gives to their employees may be taxable, while others are not. Here’s how to ...

Thanks to COVID-19, many employees are incurring new job-related expenses. An unprecedented number of employees are working from home and confronting the costs of setting up and maintaining home ...

The Tax Court disallowed a county judge’s deduction for unreimbursed business expenses as a deduction for adjusted gross income (AGI) because his judicial position failed to satisfy the requirements ...