The #IRS Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment options and identify next steps based on their situation. Learn more at: https://t.co/xIyXwUtZqh
#TaxPros: If a client still hasn’t filed a past due tax return, help them take action now. Filing past due returns can help them stay compliant and avoid additional #IRS penalties. Find out more: https://t.co/CNX3m57S0o
The updated Tax Withholding Estimator lets millions of taxpayers take One, Big, Beautiful Bill changes into account when calculating their withholding. Use this #IRS to make your tax planning easier: https://t.co/3fQSlsYHt3
We can't say it enough. If you can't pay your tax bill in full by the April 15 deadline, don't wait for penalties and interest charges to pile up. The #IRS has payment options: https://t.co/D6gSHvlDwX
The #IRS has launched a new web page to report suspected tax fraud and scams confidentially all in one place. Learn more on the new streamlined process: https://t.co/RECbjbwSW4
#TaxPros: The #IRS urges you to be on the lookout for email schemes aimed at stealing client data and your identity. Learn to recognize the warning signs of a phishing scam and report them: https://t.co/YYgBTLnikn
“No tax on tips” + “no tax on overtime” won’t be simple for 2025 returns. IRS guidance adds new calculations, missing employer breakouts, and more recordkeeping. Wolters Kluwer experts are tracking the rules and translating complexity into clear, file-ready guidance: https://t.co/1h9WbMcBr4
#Tax #IRS #TaxPros
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and refunds in the next tax filing season.
https://t.co/mD6LBhS50n
The IRS has released a draft of the new Schedule 1-A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.
Here’s a first look, including some examples and calculations.
https://t.co/QSNJMEVFEG
The Treasury has released a preliminary list of jobs that qualify for the new tip deduction. A whopping 68 occupations, including podcasters and bakers, made the list—some of them may surprise you.
https://t.co/H891h8TS1m
The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers. Here’s what you need to know.
https://t.co/CAhojf1DzT
Everyone's celebrating or panicking about the One Big Beautiful Bill based on headlines.
I spent hours running my numbers through 21 tax opportunities.
Reality? Mixed bag with big surprises.
Here's what matters:
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There is a lot of misinformation and confusion about the "no tax on overtime"
Let me break it down exactly how it works (with real examples and tax impacts):