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

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

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 ...

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 ...

The Tax Policy Center crunched the numbers on the new tax cuts and credits—and the top 20% of earners will get the biggest ...

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.

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 ...