The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...
The Southern Maryland Chronicle on MSN

IRS Eases Tip, Overtime Reporting Rules for 2025

The U.S. Department of the Treasury and Internal Revenue Service announced penalty relief Monday for employers and payors ...
On November 5, 2025, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued guidance confirming employers will not be penalized for failing to report cash tips and overtime ...
The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...
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