Federal agencies are working to make President Donald Trump’s “no tax on tips” campaign promise a reality for eligible filers starting with their 2025 income, issuing new guidance Sept. 19 spelling ...

Some 'no tax on tips' occupations might surprise you: Podcasters, social media influencers, plumbers and house painters. The new, special tax break on tips is retroactive and applies to eligible tip ...

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Lucas is a writer and narrative designer from Argentina with over 15 years of experience writing for games and news. He keeps a watchful eye at the gaming world and loves to write about the hottest ...

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Earlier this month, McDonald’s made headlines for its decision to quit the influential National Restaurant Association (NRA) over disputes regarding the current minimum wage. For its part, the red-and ...

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The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The IRS has outlined 68 jobs that will be eligible for the new "no tax on tips" deduction. The new deduction, established by the 'One Big Beautiful Bill,' will allow tipped workers to deduct the tips ...

WASHINGTON (AP) — The Treasury Department is moving closer to making President Donald Trump’s “no tax on tips” promise a reality. But new guidance released Friday tends to limit the number of tipped ...