No Tax on Tips Rule for Influencers, Bellhops Floated by IRS

Workers in a wide range of industries—from bellhops to influencers—will be eligible for a new tax break on tips the IRS outlined Friday.

New Jersey Issues 2026 Unemployment, Family-Leave Wage Bases

New Jersey announced its 2026 taxable wage bases for unemployment insurance, temporary disability insurance, and family-leave insurance purposes on the Department of Labor and Workforce Development website.

Nevada Announces 2026 Unemployment-Taxable Wage Base

Nevada’s unemployment-taxable wage base for 2026 will be $43,700, according to an update on the state’s unemployment insurance website.

Minneapolis and Saint Paul Announce 2026 Minimum Wages

Minneapolis and Saint Paul, Minnesota, announced minimum wage increases for calendar year 2026 on their city websites.

Lawsuits Mount Against Payroll Firms Over Pandemic Credits

A growing number of businesses in recent weeks are suing the payroll companies that filed their employee retention tax credit claims, alleging they’re not receiving some or all of their owed refunds.

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Treasury’s No-Tax-on-Tips Proposal Excludes ‘Illegal Activity’

The Treasury Department on Friday released its proposal regarding tax relief on tips, one of Donald Trump’s key promises in the 2024 campaign, including new prohibitions against money collected in connection with “illegal activity, prostitution services, or pornographic activity.”

4 Chinese Cities Adjust Taxable Wages for Social Taxes

China’s cities of Beijing, Chongqing, Shanghai, and Tianjin adjusted their monthly taxable wages for social taxes based on recent average wages in each city, their municipal Human Resources and Social Security Bureaus said.

Priority Guidance Plan Just Weeks Away, Treasury Official Says

The Treasury Department plans to release its priority guidance plan in late September or early October, an official said Thursday, with work already underway on guidance on the recently passed tax law and the administration’s deregulatory priorities.

Tax Developments

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Virginia Tax Department Announces Q4 Interest Rates for Tax Underpayments, Overpayments

The Virginia Department of Taxation announced that the interest rates for tax underpayments (assessments) and overpayments (refunds) will remain the same for the fourth quarter of 2025. The interest rate ...

Austria MOF Clarifies Tax Liability of Managing Director for Unpaid Company Tax Debts

The Austrian Federal Ministry of Finance Sept. 15 posted online Federal Finance Court Decision No. RV/7105427/2019, clarifying a managing director’s liability for a company’s unpaid tax debts. The taxpayer, a ...

Netherlands MOF Posts 2026 Tax Plan

The Dutch Ministry of Finance Sept. 16 posted online the 2026 Tax Plan. The plan includes measures to: 1) reduce, to 35.70 percent from 35.82 percent, the first income tax ...

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