There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...
The new tax break on tips and overtime has been sold as a windfall for workers who stay late, pick up extra shifts, or live off gratuities. In reality, the fine print decides whether a server, nurse, ...
The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for overtime.
The Treasury Department unveiled its list of jobs that will be covered by the Trump administration's "no tax on tips" policy under the One Big Beautiful Bill Act (OBBBA). President Donald Trump made ...
JEFFERSON CITY, Mo. (AP) — To tax tips or not? That is a question that will confront lawmakers in states across the U.S. as they convene for work next year. Developer of New York offshore wind farm is ...
The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...
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 ...