For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law.

Something "Big" but not so "Beautiful" is raising alarm bells in the Las Vegas tourism industry, but international tourists are unaffected.

Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some ...

A few strategies can help you avoid handing over more than necessary to the IRS ... income for the year. Staggering withdrawals more equally over the distribution period will make it less likely that ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might qualify for tax credits.

The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...

President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have ...