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 ...

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 ...

Donald Trump is targeting the office snack.The president’s signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire, imperiling a workplace perk ...

A Syracuse-based developer is requesting a 14-year tax break to help transform the former Citizen building in Auburn into a mixed-use complex, according to The Citizen. Washington St. Partners wants ...

Nikk Francoeur is the Biloxi Walmart store manager. She said day one of the three-day tax-free event has brought crowds, and she expects the rest of the weekend to be the same. “We were busy from the ...

There's no guarantee that Democrat Chris Pappas and Republican Scott Brown will face off in the race for U.S. Senate, but ...

Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...

Help Register Login Login Hi, %{firstName}% Hi, %{firstName}% Games Car rental $6,000 tax break – and measles cases are at a ...

President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the ...

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

During his record-breaking, last-ditch attempt to slow President Donald Trump's signature tax legislation from becoming law, ...