rely on tips (temporary deduction for qualified tip income, regardless of itemizing status, in tax years 2025 through 2028, ...

The “big, beautiful” bill, signed into law by President Trump, extends tax cuts, increases the Child Tax Credit, reduces taxes for tips and overtime, creates Trump Accounts for parents ...

Key provisions in the president’s signature legislation will take effect at different times over several years.

Millions of waiters, bartenders, hairstylists and other workers who rely on tips will be able to keep more of their money ...

This year’s tax filing season officially kicked off in July, with auto assessments running from 7 – 20 July. For non-provisional taxpayers who were not auto-assessed, they will be able to submit and ...

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...