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

You may not need to pay Social Security tax on all of your earnings if you have a high salary. Workers pay into the Social Security system until their income reaches the Social Security tax limit ...

As you ransacked your basement in search of holiday decorations, perhaps you came upon boxes of documents from the last ...

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

Getting advice from a good tax pro is worth it. They can help you squeeze the most out of your LLC tax benefits and keep you ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

The provisions on tip and overtime compensation were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big ...

It is estimated that there are about 6 million workers who report tipped wages The Department of the Treasury and the ...

Treasury Secretary Scott Bessent has been predicting that Americans will see a boost in their take-home pay in the new year from reducing the tax withholding on their paychecks. President Donald Trump ...