Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsible for calculating, deducting, setting aside and paying the various types of ...

New federal tax law allows deductions on tips and overtime starting with 2025 taxes Workers earning under $150K can deduct up to $25K in tips, $12.5K in overtime Qualifying jobs may include servers, ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...

The tax breaks on overtime and tips included in the One Big Beautiful Bill Act has prompted the Internal Revenue Service to make changes to how residents file their taxes moving forward. The IRS has ...

A federal judge sentenced healthcare entrepreneur Paul Walczak to 18 months in prison for withholding over $7.4 million in employee payroll taxes. Prosecutors said Walczak used the funds for personal ...

The owner of a Massachusetts temp agency is facing charges in connection with trying to evade paying over $2.4 million in federal payroll taxes, the Massachusetts U.S. Attorney’s Office announced ...