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Businesses are Urged to File Form 941 for Q2 by July 31st to Avoid Costly Penalties

Business owners have until July 31 to e-file Q2 Form 941 or face penalties up to 25%, and TaxBandits offers a fast, compliant ...
JD Supra6h

The “Big Beautiful Bill” & Potential FLSA Pitfalls: What Employers Need to Know on “No Tax on Tips & Overtime” Provisions

On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into ...
JD Supra7h

One Big Beautiful Bill Act: Key Business, International, and Employment Tax Provisions

The federal government enacted the One Big Beautiful Bill Act (the “Act”) on July 4, 2025. The Act extends and makes permanent certain tax ...

Government Watchdog Confirms Mass Exodus Of IRS Employees—More Cuts Are Expected

More than 25,000 IRS employees separated, accepted a deferred resignation program offer, or took some other incentive to ...