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, ...
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 ...