The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...
Gov. Kathy Hochul said she would include the measure, which affects tips earned in the 2026 tax year, in her fiscal year 2027 ...
New tax deductions have been enacted for many working Americans and seniors. Here’s what you need to know about the new laws ...
Many of the key changes of President Trump's flagship first-year legislation go into effect in 2026, along with state-level ...
Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Many new tax breaks in the bill — on auto loans, tips and overtime ...
California isn’t adopting Trump’s federal “no tax on tips” policy, and cash-strapped service workers are not pleased.
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
There's a higher SALT cap of $40,000 on property taxes, a higher child tax credit, new deductions for elderly residents, no ...
Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...
Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Stream Los Angeles News for free, 24/7, wherever you are. Many new ...