Under the OBBBA, workers can treat tips as an above-the-line deduction for the first $25,000 in tips they receive. The deduction will apply to federal income taxes, but not federal payroll taxes, and ...

The 'One Big Beautiful Bill Act' signed by President Donald Trump has reshaped the economic landscape in the U.S., creating a ...

Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, ...

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 ...

Recent legislation expands access to Health Savings Accounts, allowing millions more Americans – including some on Medicare ...

The "One Big Beautiful Bill Act" has sparked alarm in New York with warnings of devastating impacts on health insurance, food assistance, and the state's economy, while also including provisions such ...

The recent passage of the One Big Beautiful Bill has received a lot of discussion in the press these past few weeks as the ...

Whether you own the building, lease the space or advise someone who does, here are seven smart moves to make before the year ...

Presidential approval ratings show Americans' views during each term. See what the latest polls rated Donald Trump and how it ...

If you’re in a market for an EV now, you should go buy it,” says Joseph Yoon, a consumer insights analyst at Edmunds. A few things to keep in mind, though. The first is that not all cars or all buyers ...

But now that the deal is off, urban Democrats can stop backing expensive and destructive rural giveaways, and other Democrats ...

Scott Hennen writes, “Let’s be clear: this legislation prevents the largest tax increase in U.S. history and replaces it with ...