The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...
Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
Millions of households are about to discover that President Donald Trump's new tax rules make a zero-dollar federal income ...
The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...
Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
With the passing of the One Big Beautiful Bill Act, new changes to your charitable contribution deductions could be significant depending on whether you give in 2025 vs 2026.
Americans who are 65 and older got a hefty new tax break under the massive tax bill that President Donald Trump signed into law on July 4: A new bonus deduction that’s worth as much as $6,000 per ...
Learn how HELOC interest can be tax-deductible when used for home improvements, and understand the IRS rules and limitations ...
It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.
You might be able to claim your fur babies' expenses on your tax return. Here are some situations that may count. Jasmine Johnson is an Accredited Financial Counselor and Accountant. She has over a ...