There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...
The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...
The IRS is rolling out new deductions for tip and overtime income. Here's how they work and who qualifies.
This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.
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 ...
Learn how the new ‘no tax on tips’ deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work. “No tax on tips” is the name given to a new tax deduction for tip income ...
Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration's preliminary list of occupations not required to pay income tax on their tips under ...
A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return.
ALBANY — New Yorkers may finally see relief from taxes on tips, with Gov. Kathy Hochul saying she’ll propose enacting the ...
The Wisconsin Assembly passed a bill Thursday to eliminate state income tax on tips, advancing legislation that mirrors ...
Wisconsin workers would no longer pay state income taxes on tips and a portion of overtime pay under bills passed by the state Assembly Jan. 15.
WASHINGTON (AP) — Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration’s preliminary list of occupations not required to pay income tax on their ...