The Tax Professionals Blog

Highlights of Internal Revenue Bulletin 2025-15 – 4/7/2025

Posted by Lee Reams Sr., BSME, EA on

Highlights from IRS Bulletin 2025-15 include April federal rates and the annual Advance Pricing Agreement Program report for calendar year 2024.

Read more →


Sick Pay

Posted by Lee Reams Sr., BSME, EA on

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.

Read more →


Highlights of Internal Revenue Bulletin 2025-13 – 3/31/2025

Posted by Lee Reams Sr., BSME, EA on

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

Read more →


W-2 After Death

Posted by Lee Reams Sr., BSME, EA on

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

Read more →


Highlights of Internal Revenue Bulletin 2025-13 – 3/24/2025

Posted by Lee Reams Sr., BSME, EA on

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.

Read more →