The IRS has issued guidance on how millions of US workers can claim deductions on cash tips and overtime income for the 2025 ...
Young and the Invested on MSN
Standard deduction amounts for the 2026 tax year: Know what you can deduct
Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...
The IRS has released guidance for President Donald Trump's tips and overtime deductions. Here's what workers need to know.
For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime ...
An unknown number of workers who previously were assumed to be ineligible for the tax break may nonetheless claim it.
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