Starting next year, millions of Americans — from restaurant servers to retirees — could receive lower tax bills under ...

About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated ...

President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, ...

The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

The Tax Law Center at New York University Law has recommended repealing or amending the qualified small business stock provisions of the tax code—known as section 1202—to prohibit this gifting of ...

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.

But newly proposed legislation would make some future sales even more lucrative. The No Tax on Home Sales Act, introduced in ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...

The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

IRS’ updated process for FAQs on new tax legislation. IR-2021-202. IR-2021-202 is a press release that announces changes to the IRS “process for certain [FAQs] on newly enacted tax legislation.” ...