The Tax Professionals Blog

Is sick pay taxable? It depends! Learn how employer vs. employee-funded sick pay affects taxes, W-2 reporting, and payroll withholdings. Plus, key details on third-party sick pay.

Explore IRS Bulletin 2025-14 for the latest tax rulings, Treasury rates, corporate bond yield updates, and employee plan changes.

Learn how to correctly report post-death employee payments per IRS rules to avoid W-2 errors and ensure proper tax treatment.

This article covers key updates from IRB 2025-13, including tax interest rates, foreign income exclusions, clean hydrogen credits, and U.S.-Swiss tax treaty changes.

Inherited a home and sold it at a loss? Depending on how you used the property, you may be able to deduct the loss. Learn the key tax rules and how to maximize your deduction.