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After excluding fleet and commercial vehicles and customers above the income cutoff, an estimated 3.5 million new vehicle loans could be eligible for the tax break this year, if purchasing patterns ...
But the bill does not eliminate taxes on Social Security for everyone, as President Donald Trump had promised. Nor does it change how those benefits are taxed. And the law’s changes affecting seniors ...
The IRS will provide transitional relief for taxpayers who want to benefit from the “no tax on tips” and “no tax on overtime” breaks in President Donald Trump’s new tax law, the agency said in a ...
Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...
3hOpinion
Emily Standley Allard on MSNThe Tip Trap: How America’s Tipping Culture Went Off the Rails (and What the Rest of the World Gets Right)From baristas and ride-share drivers to hotel staff, self-checkouts, tipping culture in the U.S. has spiraled beyond ...
The “big, beautiful” bill, signed into law by President Trump, extends tax cuts, increases the Child Tax Credit, reduces taxes for tips and overtime, creates Trump Accounts for parents ...
Key provisions in the president’s signature legislation will take effect at different times over several years.
Millions of waiters, bartenders, hairstylists and other workers who rely on tips will be able to keep more of their money ...
This year’s tax filing season officially kicked off in July, with auto assessments running from 7 – 20 July. For non-provisional taxpayers who were not auto-assessed, they will be able to submit and ...
Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...
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