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Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
A $30,000 mistake. When paying the IRS, a Bay Area taxpayer wrote the correct amount of $3,360 on the numerical value box on ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
Congress gave final approval to the massive "One Big, Beautiful Bill" right before the July 4 deadline, and it's headed to ...
Your marital status as of Dec. 31 of the year you marry determines your tax filing options for the entire year.
Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...
President Donald Trump signed the so-called One Big Beautiful Bill (OBBB) into law Friday, a budget that will have ...
New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...
Trump’s ‘One Big Beautiful Bill’ could reshape the Earned Income Tax Credit by adding new eligibility requirements. While not eliminating the EITC, the changes may reduce access for low-income ...
The Internal Revenue Service (IRS) is in the process of issuing tax refunds to those who filed their returns last month ...
Homeowners Association (HOA) fees can be an essential part of living in a managed community, but they also represent an ...
The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...