South Carolina, North Dakota, Montana and Idaho — are adding tax breaks for qualified tips, car loan interest, overtime ...

Gov. Kathy Hochul and Democratic New York lawmakers haven’t extended President Trump’s “no tax on tips” policy to state ...

The Tax Policy Center said that roughly 60% of households with tipped workers will see a tax cut under the new legislation, with an average savings of about $1,800 per year. The new deduction is ...

New York Governor Kathy Hochul and state Democratic lawmakers are facing growing criticism from restaurant workers and ...

The new no tax on tips provision within the One Big Beautiful Bill allows tipped employees to deduct up to $25,000 from their ...

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

Lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The ...

In a surprise move, the Senate unanimously passed the No Tax on Tips Act which would allow up to a $25,000 deduction for workers who typically receive tips as part of their compensation. In a surprise ...

WASHINGTON (AP) — The Treasury Department is moving closer to making President Donald Trump’s “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped ...

Expert insight on how parents can take advantage of credits and deductions. As Tax Day approaches on April 15, parents have a lot to consider when it comes to maximizing their refunds and saving on ...

Discover tax-saving strategies for financial advisors, including deductions on business expenses, entity structuring, and ...