“While raising the slot reporting threshold to $2,000 is a step in the right direction, it is still inadequate," Titus, a ...

On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into ...

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

Discover the new no tax on overtime and no tax on tips provisions of the One Big Beautiful Bill Act. Learn how these tax-free ...

As part of President Donald Trump’s “Big Beautiful Bill,” tipped workers are now able to exclude tips from their taxable ...

On Friday, the IRS issued newly revised percentage withholding tables to implement the rates that will be in effect this year now that the American Taxpayer Relief Act, H.R. 8, has been enacted ...

Step 1: Use the IRS Sales Tax Deduction Calculator or the IRS sales tax tables in Schedule A. Step 2: Compare your sales tax estimate to your income tax payments.