The IRS is set to begin accepting and processing 2025 tax returns on Jan. 26. What to do to avoid delays and mistakes as new ...
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 ...
CNBC’s Sharon Epperson explains the new deduction for earnings from tips. For more Tax Tips, go to cnbc.com/money101 to sign ...
But while the phrase “no tax on tips” suggests widespread savings, experts say many tipped workers already owe no federal income tax due to their income level.
Nashville artists and bartenders praised President Donald Trump's elimination of taxes on tips during his first year back in ...
The Wisconsin Assembly passed a bill Thursday to eliminate state income tax on tips, advancing legislation that mirrors ...
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 workers who will be ...
State lawmakers in Illinois are hoping to pass a bill to enact the federal "no tax on tips" policy, which would allow ...
A bill from the 2025 legislative session came back before members of the Georgia General Assembly to end taxes on tips for ...
Starting this year, even taxpayers who don't itemize can deduct up to $1,000 in cash donations.
Georgia lawmakers plan to revisit proposal to exempt tips from state income tax ...