Gov. Kathy Hochul on Thursday proposed eliminating state taxes on tips of up to $25,000 a year, as a law that provides a similar federal tax deduction takes effect for 2025 tax-year filings. "I’m ...
New York workers who earn tips would get a state tax break that matches a new federal deduction for tipped income under a budget proposal Gov. Kathy Hochul says she'll make. Hochul announced Jan. 1 ...
The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...
We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Wirecutter Staff No matter how long you’ve used an iPhone, there are always ...