The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.

Taxpayers should prepare for major tax-policy shifts this year. Forbes’ expert contributors explain how — and when — key rule ...

Here’s what’s new for the 2025 tax returns, even if nothing changed, there are several changes to various deductions for filing a return.

For Americans 65 and older, the 2025 and 2026 tax years are unusually generous. A new senior-focused deduction stacks on top ...

CNBC’s Sharon Epperson explains the standard deduction for 2025 tax returns. For more Tax Tips, go to cnbc.com/money101 to ...

The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and ...

The IRS began accepting tax returns with new deductions for tips and overtime. Free tax help available for those earning ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

The Trump administration has ushered in a wave of tax changes which will cause significant updates to what Americans owe.

The 2026 tax season begins January 26. New laws change how much you owe. A family earning $73,000 can now pay $0 in federal ...

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...