William Hays Weissman

In Announcement 2026-11, 2026-29 I.R.B. 49, the IRS amended Notice 2026-10, 2026-4 I.R.B. 378, which sets the standard mileage rates for 2026. The IRS made the change to reflect the rising cost of fuel in 2026. The rates are...more On December 19, 2025, the IRS released Notice 2026-06, extending by one additional year the transition period established in Revenue Ruling 2025-4 for certain employment tax and reporting obligations related to state paid...more Employees have been wondering how they will determine the amount of their qualified tips and qualified overtime eligible for deduction under the One Big Beautiful Bill Act. After all, the IRS is not changing Form W-2 for tax...more In a welcome development for employers that were struggling to determine how to comply with the reporting requirements of the “One Big Beautiful Bill Act” relating to “no tax on tips” and “no tax on overtime,” the IRS...more