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 ...
Making good on President Donald Trump’s promise for “no tax on tips” has proved to be complicated and, in some cases, potentially awkward.
The One Big Beautiful Bill is the latest tax bill aimed at making cash flows better for businesses and encouraging investment ...
Advances made by a taxpayer in its business of managing an arena were not bona fide debt, and the taxpayer was not entitled ...
Lexington Herald-Leader on MSN

New IRS Rules Detail 2025 Deductions

The IRS issued guidance on new deductions in the One Big Beautiful Bill Act for tipped and overtime pay for the 2025 tax year ...
Tax refunds are likely going to be supersized in 2026 because of the One Big Beautiful Bill Act, which made major reforms to ...
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.
President Trump discussed his "no tax on tips" plan in January. The IRS has released its guidance for the "no tax on tips" ...
Imagine this hypothetical scenario: Lorin, a 42-year-old market researcher at a firm who also started his own business, hates ...
Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...
Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how ...
Here are five tax decisions to keep in mind as Dec. 31 approaches. If you’re 73 or older, you generally have to take a ...