Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...
President Trump at a rally Saturday promised to fulfill his campaign pledge to eliminate taxes on tips. "In the coming weeks, I'll be working with Congress to get a bill on my desk that cuts taxes for ...