The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
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.
IRS tax refund 2026 filings begin in late January, with most direct-deposit refunds arriving 10–21 days after IRS acceptance.
On November 21, 2025, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury released guidance outlining ...
Treasure Department’s tax collector said it was providing temporary ‘transition relief’ to workers in certain jobs that ...
The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from ...
The "no tax on tips" law was a provision included in President Donald Trump's signature "One Big Beautiful Bill Act," and was ...
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Financial experts reveal eight common tax mistakes that can increase your chances of triggering an IRS audit and explain how ...
In a late Monday night filing, U.S. Sen. Jim Justice agreed to settle with President Donald Trump’s Internal Revenue Service ...