The Internal Revenue Service has announced new standard deductions and federal income tax brackets for tax year 2026. The ...

For those not versed in the lingo of taxes, the distinction can be confusing. But understanding which path is right for you ...

DC just suspended major new federal tax breaks, and the move could spark big changes in Georgia’s own tax rules. Here's what ...

President Trump signed into law H.R. 1, better known as the One Big Beautiful Bill Act, on July 4. The legislation includes provisions that expand tax deductions on tips and overtime pay, including a ...

BOSSIER CITY, La. (KSLA) - For many in the service industry, tips have a significant impact on their finances. KSLA’s Andrew Wellmann explains how a policy in the Big Beautiful Bill could affect your ...

“Barring Congressional Action, tax rates are set to revert to pre-Tax Cuts and Jobs Act levels at the end of 2025.” I scribbled out that same general line on numerous occasions since the TCJA was ...

"Individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay – such as the 'half' portion of 'time-and-a-half' compensation," the IRS said. The ...

The One Big Beautiful Bill introduced an array of tax changes affecting seniors, service workers, car buyers and others.

It's been about two weeks since President Donald Trump's "big beautiful bill" became law, and financial advisors and tax professionals are still digesting what the sweeping legislation means for ...

The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from claiming the deduction.

Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...

The One Big Beautiful Bill Act offers a striking example of how policy design can favor businesses over individual taxpayers, ...