Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.
IRS has published a list of requirements to qualify for the 'No Tax on Tips" deduction including job requirements.
The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.
To find the three critical tax changes for 2026 paychecks, Kiplinger considered tax breaks the IRS will soon add to its Tax ...
Some workers could receive bigger tax refunds in 2026 due to President Trump’s new tax law applying retroactively and the IRS ...
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier to reduce taxable income, save money, and help working ...
We'll cover what this important tax document is, and then list ten key items stressing the importance of correctly filling out and updating the W-4 form. After that, we’ll briefly mention common ...
The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and ...
And now, the dollar bills thrown into that top hat on the ground could fall into the new "no tax on tips" bucket on 2025 federal income tax returns. The same tax break on tips could apply to blackjack ...
The Treasury Department released proposed regulations Friday on the "no tax on tips" provision of the One Big Beautiful Bill Act, outlining which types of jobs and tips would be eligible. A draft list ...