ROCK HILL, SC / ACCESS Newswire / March 19, 2025 / TaxBandits, a leading e-filing platform for businesses and tax professionals, now supports Form 8027, making the process of reporting tip income ...

The House bill allows workers in tip-based occupations to deduct all reported tip income, retroactive to Jan. 1, 2025, but it expires Dec. 31, 2028. What is a tip-based occupation?

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has outlined six key recommendations to assist taxpayers in preparing their 2024 tax returns efficiently and accurately. These practical ...