Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.
US Department of the Treasury and the Internal Revenue Service (IRS) released guidance to claim new tax deductions on tips ...
States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...
Treasure Department’s tax collector said it was providing temporary ‘transition relief’ to workers in certain jobs that ...
The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from ...
GOP budget reconciliation bill, which became law in July, created temporary tax deductions for tips and overtime compensation.
No tax on tips ended up being a significant talking point in the last presidential election and Donald Trump has made good on ...
Plus: The IRS has reopened, some tariffs have been reversed, tax filing status and marriage, professional sports stadiums on the public dime, tax trivia and more.
Nevada Democratic representatives are being mocked as “out of touch" for keeping silent after a Democratic spokesperson ...
The D.C. Council voted to block tax breaks on tips and overtime pay, which were introduced in Trump's One Big Beautiful Bill ...
Working from home has become increasingly common, but tax rules supporting remote workers have not kept pace. Since the 2018 ...
The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...