A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

There is plenty to consider when preparing your tax return. Here's some of the common tax breaks that might benefit you.

Can you claim the home office tax deduction this year?

When tax season rolls around, deductions and credits can make a real difference in how much you owe — or how much you get back. Deductions lower the portion of your income that’s taxed, while credits ...

Donald Trump’s proposal to eliminate overtime tax has ignited chatter.

The IRS has released new guidance in the form of frequently asked questions (FAQs) to help eligible taxpayers claim the overtime compensation deduction. The IRS has released new guidance in the form ...

Side gigs can be lucrative and fulfilling for many Americans, but they also come with tax complications if you don’t plan for them. There are plenty of legitimate tax deductions that freelancers and ...

NEW YORK, NY, UNITED STATES, February 10, 2026 /EINPresswire.com/ -- New resource for employers and risk managers ...

Workers who depend on tips may be eligible for a bigger tax return this tax season under new federal legislation.

a new temporary $6,000 "senior bonus" deduction (or $12,000 for couples). The deduction is temporary, it will be effective for tax year 2025 to 2028. This is just one of several changes when it comes ...

Many Americans stand to collect larger tax refunds this year, whether they itemize or not. Certain filers can now write off tips, overtime pay and auto loan interest because of changes enacted under ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...