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Several of the provisions in the law are not permanent, and will expire in 2028.
Servers like Shey Newman at Katie’s Restaurant could save thousands yearly under the new law exempting up to $25,000 in tips ...
Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...
Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...
WASHINGTON -- The budget bill championed by President Donald Trump could complicate next year's tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an ...
Trump’s budget bill could complicate 2026 tax filing season after IRS cuts, watchdog warns Taxpayers will likely see the effects of staffing reductions at the IRS.
According to the report, in the first quarter of 2025, Tennesseans tip 19.4% on average at full-service restaurants, which is the same as the national average.