Filing your 2025 taxes in 2026? A new law offers major deductions for tip income, overtime pay, car loan interest, and ...

Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

In a sweeping change set to reshape the tax landscape for millions of American workers, President Donald Trump signed the massive tax bill into law on July 4. The measure fulfills one of his campaign ...

Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.

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 ...

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

While President Donald Trump’s “One Big Beautiful Bill Act” (OBBBA) has threatened the livelihoods of professional gamblers, it is turning out to be a likely boon for casino workers. According to ...

Tipping with a credit card works a little differently than cash. Here's where your tip goes, how workers get paid, and what most people don't realize.