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

The Trump-era promise to shield service workers' tips and overtime from federal tax has finally arrived in the form of ...

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.

October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

The federal government has sued United States Sen. Jim Justice, R-W.Va., and his wife over what it says is over $5.1 million ...

A federal court said the pair “vastly overreported their actual income and taxes paid” in 2020 and now demands repayment with ...

Federal prosecutors say a NJ tax preparer filed more than 1,900 fake COVID-related tax returns, seeking $170 million in ...

California's 13.3% income tax does not distinguish between ordinary income and capital gain, growing to 14.4% in some cases. And California's tax collector is tough.

Florida welcomes a new taxpayer about every two minutes while California loses one about every minute, according to new data.

A federal judge has ruled that United States Sen. Jim Justice, R-W.Va., owes a Tennessee-based surety bond provider over $29 ...

Jimmy Kimmel Returns to Air Following Cleto Escobedo III's Death, Subtly Re-Names Late Night Band Kate Gosselin budgets ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...