News

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot winnings from $1,200 to $2,000. This is the ...
A major win for gamblers raises the jackpot reporting threshold to $2,000 next year, officials confirmed this week. For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it’s ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
A key rule that gamblers hate has finally changed and that's good for Las Vegas, cruise lines, and regional casinos.
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The enactment of the Great Beautiful Project Act (OBBBA) by President Trump on July 4, 2025, has sparked significant debate ...