States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...
IRS relaxes ‘no tax on tips law’ so more workers can take advantage. Here’s who will benefit - Treasure Department’s tax ...
The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from claiming the deduction.
Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.
WASHINGTON (AP) — 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 ...
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.
Tucked away among the 940 pages of President Donald Trump’s massive One Big Beautiful Bill Act (OBBBA) are an array of new tax write-offs, exemptions that Trump promised to enact while running for a ...
The One Big Beautiful Bill Act of 2025 (OBBBA) expands several business tax benefits while easing certain compliance ...
FILE - A server tends to customers in an outdoor dining area on The Promenade in Santa Monica, Calif., June 9, 2021. (AP Photo/Marcio Jose Sanchez, File) Some segments of the U.S. restaurant industry ...
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.
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