The revenue procedure advises taxpayers how to make various elections, file amended returns, and change accounting methods as provided under Section 70302 of the new law.
The IRS said previously that it will not release a new form for 2025, even though the temporary H.R. 1 provisions are effective this year, but it will provide transition relief.
Former IRS Commissioner Danny Werfel says the cuts, combined with the need to reengineer systems for the OBBBA, will make it difficult for the IRS to succeed at improving technology.
PASCO, WA – A federal court has ordered California-based Grimmway Enterprises Inc. to pay $427,456 in back wages and penalties after a U.S. Department of Labor investigation in south Washington [...]
WASHINGTON – A Rapid Response Labor Mechanism (RRM) panel established under the United States-Mexico-Canada Agreement (USMCA) found in favor of the United States in a determination regarding a [...]
WASHINGTON – The U.S. Department of Labor today announced the availability of up to $250,000 in Brookwood-Sago grant funding to support the delivery of education and training to the nation’s [...]
In the week ending August 16, the advance figure for seasonally adjusted initial claims was 235,000, an increase of 11,000 from the previous week’s unrevised level of 224,000. The 4-week [...]
The report by the Treasury Inspector General for Tax Administration called on the IRS to include more phone lines and to cover the entire fiscal year when reporting on its level of service and [...]
Learn whether your employees are eligible to take leave under the Family and Medical Leave Act. The U.S. Department of Labor’s Wage and Hour Division is here to help you. Visit: dol.gov/whd or [...]