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

While tax season won't start for at least another month, and most taxpayers won't need to file their 2025 tax returns until ...

With the April 15 tax deadline fast approaching, millions of Americans are scrambling to finalize their returns and avoid costly mistakes that could shrink their refunds or trigger audits. Now is a ...

Tax Talk offers some last-minute income tax filing tips. Read these then act quickly as you only have a few business days ...

By now, most people have heard about the “no tax on tips” and “no tax on overtime” provisions of “One Big Beautiful Bill” that became law during the summer. It sounds great. But unfortunately, the new ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

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.

As President Donald Trump tried to allay Americans’ affordability concerns on Wednesday, he said the payoffs are approaching ...

WASHINGTON, D.C. (7News) — The April 15 tax deadline is one week away -- Many people are scrambling to file their tax returns on time. According to the Internal Revenue Service (IRS), nearly 18 ...

The new “no tax on tips” and “no tax on overtime” deductions require additional reporting by employers and other payers. However, rather than require more reporting this late in 2025, the IRS is ...

President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages tax-free. In Delaware — where hundreds of thousands of ...

The Treasury Department released proposed regulations Friday on the "no tax on tips" provision of the One Big Beautiful Bill Act, outlining which types of jobs and tips would be eligible. Processing ...