Yet, when it comes to Donald Trump’s “no tax on tips” law, what began as a Royal Flush of a campaign promise is turning out ...
The U.S. Treasury Department released its anticipated proposed regulation on the new No Tax on Tips provision of the One Big Beautiful Bill Act (OBBBA). This regulation may have significant ...
President Donald Trump’s campaign promise of “no tax on tips” struck a chord in places like Las Vegas, where tens of ...
The deadline for public comment on the proposed No Tax on Tips rule is this week. Restaurant industry groups say the rule ...
The IRS has listed 68 jobs that will qualify for the new "no tax on tips" deduction, which will allow tipped workers to ...
Experts doubt the effectiveness of ‘no tax on tips,’ especially for California workers who are facing cuts in other benefits.
The clock is ticking on year-end tax planning. Here are some steps to take now to lower your tax bill before filing next ...
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 ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Expert insight on how parents can take advantage of credits and deductions. As Tax Day approaches on April 15, parents have a lot to consider when it comes to maximizing their refunds and saving on ...
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.
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...