Donald Trump had promised to eliminate taxes on tips if he was elected to a second non-consecutive term as president, causing tipping to become a flash point in the 2024 election. Trump was elected, ...

A California law, which went into effect in January, now requires food delivery apps to issue full refunds, including fees, ...

A proposed countywide half-cent sales tax increase to fund healthcare services is struggling in early election returns ...

Determining the appropriate tax treatment of an investment fund’s waived management fee involves a number of factors, the ...

Illinois lawmakers passed a bill that further delays the implementation of the Interchange Fee Prohibition Act.

Discover how Merchant Category Codes (MCCs) classify purchases for card rewards, tax reporting, and fees. Learn how they ...

On Jan. 10, 2025, Treasury and the IRS released final regulations (T.D. 10022) addressing the classification of digital content and cloud transactions. Proposed regulations (REG–107420–24) were issued ...

We are at a critical time and supporting climate journalism is more important than ever. Science News and our parent organization, the Society for Science, need your help to strengthen environmental ...