The 'No Tax on Tips' provision, part of the Omnibus Big and Beautiful Bill (OBBBA), represents a significant shift in the taxation landscape for workers who rely heavily on tips. This provision, ...

The massive Republican-backed budget bill — called "one big, beautiful bill" by President Trump — includes several new tax rules that could have a big financial impact on millions of workers who earn ...

The massive Republican-backed budget bill — called "one big, beautiful bill" by President Trump — includes several new tax rules that could have a big financial impact on millions of workers who earn ...

NOTE: An earlier version of this story overestimated how much workers could save in federal taxes under President Donald Trump’s “big, beautiful bill” and did not apply progressive tax brackets. The ...

President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages — tax-free. In a state like New Jersey, where hundreds ...

WASHINGTON -- Following weeks of negotiations, Congress narrowly passed a new tax and spending bill last week that was signed into law Friday by President Donald Trump. While the 900-page bill ...

Tax Day for the 2024-2025 tax year is Tuesday, April 15, 2025. The IRS has approved some unusual deductions, including medical expenses for clarinet lessons and a swimming pool. Those who miss the ...

A Section 1031 like-kind exchange is an Internal Revenue Code provision that allows a person to not pay tax on a gain when selling real property to reinvest in real property of equal or greater value.

President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages – tax-free. In a state like Delaware, where thousands ...

President Donald Trump’s signature “one big beautiful bill” promises to let workers keep more of what they earn by making tips and overtime wages — tax-free. In a state like Pennsylvania, where ...