IRS has published a list of requirements to qualify for the 'No Tax on Tips" deduction including job requirements.

Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

The IRS introduces Schedule 1-A for 2025, letting you deduct qualified tips, overtime pay, vehicle loan interest, and enhanced senior deductions, following the OBBBA legislation.

Trump’s 2025 tax law offers four major deductions, but missteps on AGI impact, paperwork, eligibility, and withholding can erase potential savings.

IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier to reduce taxable income, save money, and help working ...

The IRS just expanded 2026 tax brackets for inflation while the One Big Beautiful Bill brought permanent changes to ...

IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and enhanced deductions for seniors.

The “no tax on tips” provision lasts only from 2025 through 2028. And the tax-free status would phase out for single taxpayers who earn more than $150,000 or married people who file joint tax returns ...

We'll cover what this important tax document is, and then list ten key items stressing the importance of correctly filling ...

Experts doubt the effectiveness of ‘no tax on tips,’ especially for California workers who are facing cuts in other benefits.