South Carolina, North Dakota, Montana and Idaho — are adding tax breaks for qualified tips, car loan interest, 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 ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

New York Governor Kathy Hochul and state Democratic lawmakers are facing growing criticism from restaurant workers and ...

Lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The ...

In a surprise move, the Senate unanimously passed the No Tax on Tips Act which would allow up to a $25,000 deduction for workers who typically receive tips as part of their compensation. In a surprise ...

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 ...

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 ...

Slash your 2025 tax bill with smart gig worker moves. Learn some key deductions, timing tricks and essential year‑end steps ...

Discover tax-saving strategies for financial advisors, including deductions on business expenses, entity structuring, and ...