11/22/2025 11:00:36 PM IRS Resumes Normal Operations By Katie Amin The IRS has resumed normal operations following the conclusion of the government shutdown. The IRS has fully resumed processing:...
11/21/2025 11:57:43 PM Tips and Overtime Guidance - How to Take a 2025 Deduction By Elizabeth Dold Employees (and their tax advisors) have been eagerly awaiting guidance on how to take advantage of the promised “no tax on tips and...
11/13/2025 5:16:29 PM 2026 Retirement Plan (and IRA) Limits Are Here! By Elizabeth Dold Finally – the 2026 Qualified Plan and IRA Limits are here - see Notice 2025-67. Most notably, for the new Roth catch-up requirement, the...
11/7/2025 2:13:16 PM Administration Announces New Lower GLP-1 Drug Prices By Katie Amin On Thursday, the Trump Administration announced agreements with pharmaceutical manufacturers Eli Lilly and Novo Nordisk to reduce the...
11/6/2025 2:12:13 PM 2025 Reporting Relief for Overtime and Tips By Elizabeth Dold Notice 2025-62 provides welcome transition relief for 2025 W-2 and 1099 reporting of overtime and tips. Under the One Big Beautiful Bill...
11/3/2025 2:11:01 PM IRS Releases PCORI Fee Amount By Katie Amin Last Friday, the IRS released the indexed PCORI fee amounts for plan and policy years that end on or after October 1, 2025 and before...