Millions could be eligible for Trump's "no tax on tips" deduction for the upcoming tax season. But some workers won't benefit ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.
South Carolina, North Dakota, Montana and Idaho — are adding tax breaks for qualified tips, car loan interest, overtime ...
We’re going to have this hodgepodge, weird year of rules that’s going to make reporting very difficult for employees." ...
Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Many new tax breaks in the bill — on auto loans, tips and overtime ...
The Tax Policy Center said that roughly 60% of households with tipped workers will see a tax cut under the new legislation, with an average savings of about $1,800 per year. The new deduction is ...
Gov. Kathy Hochul and Democratic New York lawmakers haven’t extended President Trump’s “no tax on tips” policy to state ...
The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already ...
Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Stream Los Angeles News for free, 24/7, wherever you are. Many new ...