Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

A new tax law provides a $6,000 deduction for taxpayers 65 and older, potentially eliminating federal taxes on Social Security benefits for millions. Learn if you qualify.

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...

The IRS has released provisions from the One Big Beautiful Bill Act (OBBBA) for workers who can claim deductions for the 2025 ...

Earning passive income doesn't need to be difficult. You can start this week.

Among other employment measures, July’s One Big Beautiful Bill Act gives FLSA non-exempt workers a limited ability to deduct overtime pay from ...

The Republican tax law's bonus depreciation provision is expected to cost $362.7 billion over the next ten years, with ...

The tax megabill that President Donald Trump signed into law on July 4 boosted the value of the child tax credit in 2025 to $2,200, up from $2,000. After 2025, the value of the child tax credit will ...