The IRS has released the latest updates to Publication 1220 for Tax Year 2025, which governs the electronic filing of information returns. Several significant changes affect how filers should prepare for the next two…

IRS Penalties can happen for a number of reasons, including forgetting to file, not filing by the deadline, not furnishing forms, or not offering coverage for ACA filing. IRS Penalties for ACA Forms Both…

If you pay employees, Form W-2 is one of the most important year‑end tasks on your calendar. This guide explains what’s due, when it’s due, and how to file accurately and on time. It’s…

If you pay people for work, you’ll eventually face a simple but important choice: do you treat them as employees or independent contractors? That decision drives how you pay, what you report to the…