The U.S. Treasury released proposed regulations detailing how a “no tax on tips” deduction ...

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks ...

The new tax code resulted in several new tax breaks, but that’s not the only way to save money. Proactive year-end planning ...

Treasury Secretary Scott Bessent on Wednesday blasted several blue states over their “ongoing refusal” to embrace some “key provisions” of President Donald ...

Taking advantage of these changes could lower your upcoming tax bill.

The qualified business income deduction, also known as QBI, is one of the most powerful deductions still on the books for ...

OSLO, Nov 24 (Reuters) - Sitting in his lakeside villa in the Swiss city of Lucerne, Borger Borgenhaug misses his grandchildren and the smell of the Nordic sea on a clear summer night. The carpenter ...

The big news this week is that with the government shutdown finally over, the tax world was (mostly) getting back to normal. The IRS is back to work (you can read more about the status of processing ...

Millions of Americans who receive tips or overtime pay have been issued new guidance from the Internal Revenue Service (IRS) clarifying what tax deductions are available to them. On Friday, the IRS ...

Oakland officials unveiled a proposal to give qualifying small and new businesses a one-year exemption from business taxes in 2027. The "tax holiday" would apply to businesses making under $1 million ...

The Internal Revenue Service issued guidance Friday for workers eligible to claim the deduction for tips and overtime income for tax year 2025. Notice 2025-69 provides clarification on how to ...

The Internal Revenue Service has relaxed a rule in the “no tax on tips” legislation so that more workers can potentially take advantage of the perk. The “no tax on tips” law was a provision included ...