Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...
On November 21, 2025, the Internal Revenue Service (IRS) issued Notice 2025-69, providing guidance and clarification on the ...
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
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IRS issues guidance on Trump's no tax on tips and overtime rules
President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...
Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.
W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...
The IRS has issued guidance on how millions of US workers can claim deductions on cash tips and overtime income for the 2025 ...
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