The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...

President Donald Trump’s “Big Beautiful Bill,” which he signed into law in July, includes provisions that could impact many ...

New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...

Many of the key changes of President Trump's flagship first-year legislation go into effect in 2026, along with state-level ...

Gov. Kathy Hochul said her next budget will propose a state tax break for tips that mirrors a new federal deduction for tipped income up to $25,000.

Gov. Kathy Hochul said she would include the measure, which affects tips earned in the 2026 tax year, in her fiscal year 2027 ...

Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Many new tax breaks in the bill — on auto loans, tips and overtime ...

You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable income and reduce what you owe.

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

California isn’t adopting Trump’s federal “no tax on tips” policy, and cash-strapped service workers are not pleased.