The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how to choose the option that’s best for you.

October 15 is right around the corner, so now is the time to finalize that tax return you pushed off in April by filing an extension. Here are three things you need to know as you wrap up your 2024 ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

President Donald Trump's "big beautiful bill" includes a section called “no tax on tips.” The deduction is worth up to $25,000 for eligible workers with "qualified tips." The U.S. Department of the ...

The IRS said it expects 164 million individual tax returns to be filed.

Big changes are coming this tax season, with the new "no tax on tips" rule created by the Trump Administration's spending plan, the so-called "big, beautiful bill," and following the delays with the ...