Aug 13, 2026 | IRS, Tax Credit
All Under the Working Families Tax Cuts The Department of the Treasury and the IRS issued Notice 2026-28 PRS, providing guidance on the employer credit for paid family and medical leave (PFML) under the Working Families Tax Cuts (WFTC). The WFTC makes permanent and...
Jul 13, 2026 | IRS, tax penalties
IRS Introduces Automatic Process for Eligible Taxpayers The IRS announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance. The new Automatic Exemption from...
Apr 14, 2026 | IRS, Tax Withholding
Treasury, IRS Issues Final Regulations The Department of the Treasury and the IRS issued final regulations on the “No Tax on Tips” provision. The One, Big, Beautiful Bill final regulations provide the list of occupations that receive tips and define “qualified tips”...