Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...
The new federal tax deduction could dramatically reduce your tax bill this year. But it's not exactly tax-free. We break down the critical rules and qualifications.
The IRS recently changed tip deduction rules for self-employed individuals. If you filed early, learn how to amend your tax return.
FORT WAYNE, Ind. (WANE) — The 2026 tax season starts Monday, and Americans will soon be able to file tax returns to either owe or receive money from the government. From avoiding scams to getting the ...
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
It's that time of year, and with new tax laws, it may feel difficult just getting started. Miguel Burgos, CPA and TurboTax expert, offers some advice.
With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.
The U.S. Department of the Treasury and IRS issued proposed regulations with more details about President Donald Trump’s “no tax on tips” deduction. The proposed regulations include eligible ...
Tax refunds are arriving for many, but a spike in gas prices and fears of rising inflation could put a damper on what ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...
There is officially less than one month left to file taxes in Tennessee, and reports show fewer people have filed than in 2025.
Must-Know Tax Season Tips for Small Businesses and Solopreneurs ...