US Department of the Treasury and the Internal Revenue Service (IRS) released guidance to claim new tax deductions on tips ...

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...

The Treasury Department is moving closer to making President Donald Trump’s “no tax on tips” promise a reality. But new guidance released Friday tends to limit the number of tipped workers who will be ...

Some 'no tax on tips' occupations might surprise you: Podcasters, social media influencers, plumbers and house painters. The new, special tax break on tips is retroactive and applies to eligible tip ...

The “One Big Beautiful Bill” that became law on July 4 — which President Donald Trump has called “a massive tax cut for the middle class,” but opponents say is designed mostly to benefit the wealthy — ...

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.

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The IRS recently released drafts of ...

The Trump administration’s “No Tax on Tips” proposal would do more than make all tips income tax-exempt for servers. While this tax proposal promises to benefit servers, it’s more complex than that.

It may not be tax season yet, but it's time to get ahead. If you wait until January 1st to start your tax planning, there's really not *** lot you can do. You can't go back in time. Jackson Hewitt's ...

Washington — The Treasury Department is moving closer to making President Donald Trump's “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped ...