The IRS will begin accepting 2025 tax returns on Monday, Jan. 26, 2026, the agency announced. Taxpayers have until Wednesday, ...
The 'One Big Beautiful Bill' (OBBB), signed into law by President Trump on July 4, 2025, introduces a $12,500 tax-free limit on overtime pay. This legislation, retroactive to January 1, 2025, doesn't ...
To receive favorable tax treatment for U.S. federal income tax purposes, the tip must be paid to an individual “in an occupation which customarily and regularly received tips on or before December 31, ...
Millions of hardworking Americans could save hundreds, or even thousands, of dollars when they file their taxes in 2026 courtesy of legislation included in President Donald Trump’s “Big Beautiful Bill ...