Treasury and IRS recently issued final regulations on the “No Tax on Tips” deduction. These regulations list more than 70 occupations from tipped workers, to bartenders and water taxi operators. Qualified tips must meet these requirements: Must be received from...
Q. "Our organization is located near a state line and some employees live across it. Do we need to take both states' labor laws into account?" When managing an organization near a state border HR compliance can feel like a moving target. The primary concern for most...
Not everyone is legally required to file a federal tax return. However, not doing it could be leaving money on the table. People could be missing out on refundable tax credits or an income tax refund. This could apply to someone if they: Have had federal income tax...