The Daily Overview on MSN

Standard deduction hits $31,500 for married filers in 2025

The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...

IRS releases guidance for Trump's 'no tax on tips' and overtime deductions: What to know

President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...
Self Employed on MSN

IRS Raises Tax Brackets For 2026

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...
Self Employed on MSN

IRS Sets 2026 Inflation Tax Adjustments

The post IRS Sets 2026 Inflation Tax Adjustments appeared first on Self Employed.
The Daily Overview on MSN

IRS issues guidance on Trump's no tax on tips and overtime rules

President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...