Here’s a new way to shave hundreds of dollars off your tax bill — but it might make you feel like Scrooge on Giving Tuesday

Some people have an incentive to hold off on charitable giving until next year, in order to get the full tax reward for their ...

Liz Weston: Why does IRS demand I pay pay my taxes on time, but drags its feet when giving me a refund?

Claiming large refunds, and doing so by amending returns, increases the chance your filings will be scrutinized.

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" ...
National Law Review

IRS Guidance on Claiming the New Tax Deduction for Tips and Overtime Pay

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

For ‘no tax on tips,’ the IRS gets intimate

Making good on President Donald Trump’s promise for “no tax on tips” has proved to be complicated and, in some cases, potentially awkward.