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Day: November 26, 2025

Social Security Wage Base and COLA Announced for 2026

The Social Security Administration has announced important updates for 2026 that affect both workers and retirees.

IRS Proposed Regulations on Tip Income Deduction

The IRS has released proposed regulations (REG‑110032‑25) clarifying how workers in tipped occupations may claim a new deduction under H.R. 1, the One Big Beautiful Bill Act.

New IRS Requirements Make Crypto “Tax Cheat” Risky for 2025 Filings

The IRS has announced new reporting rules for cryptocurrency transactions that will take effect with the 2025 tax year.

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