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

The 2025 tax season is bringing multiple notable changes that have left many taxpayers wondering what they need to know.

The Treasury released a preliminary list of 68 occupations that may be eligible for President Donald Trump's "no tax on tips" deduction. But some jobs from the list may not qualify, depending on ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

The 2026 filing season officially opened Monday, with an April 15 deadline for submitting returns and paying any taxes owed.

Tax advice has evolved and become more accessible in the digital age. Who could have imagined that social media would become a resource to gain tax tips? To kick off the tax season, TikTok's For You ...

An emergency bill passed in Washington, D.C., axing key tax breaks touted in the One Big Beautiful Bill Act for its residents highlights why Americans should pay attention to state tax laws, experts ...