The IRS has listed 68 jobs that will qualify for the new "no tax on tips" deduction, which will allow tipped workers to ...
The deadline for public comment on the proposed No Tax on Tips rule is this week. Restaurant industry groups say the rule ...
This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.
With the right strategies in place, it is possible to maximize the deduction and lock in significant, recurring savings.
The tax and spending bill passed by Congress and signed into law by the president on July 4 contained many provisions that impact both individuals and businesses. One that received a lot of attention ...
INDEPENDENCE, Iowa (KCRG) - Some business owners in eastern Iowa say new ‘no tax on tips’ provisions will help grow local businesses. ‘No tax on tips’ is part of the ‘big, beautiful bill’ President ...
Tucked away among the 940 pages of President Donald Trump’s massive One Big Beautiful Bill Act (OBBBA) are an array of new tax write-offs, exemptions that Trump promised to enact while running for a ...
Long Island accountants explain how the One Big Beautiful Bill Act extends 2017 tax cuts, reinstates 100% bonus depreciation, and alters business deductions.
Experts doubt the effectiveness of ‘no tax on tips,’ especially for California workers who are facing cuts in other benefits.
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...