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 ...

When it comes to maximizing savings easily, everyone want to find that perfect budget hack that actually work without turning life upside down. The article ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

Now that President Donald Trumps signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns.

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...

Will you get any benefit from tax break on OT, tips? What the big beautiful bill means for different income brackets.

The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...

Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on tips, saying it would help too few people and obscure bigger issues… ...

Some segments of the U.S. restaurant industry don’t support President Donald Trump’s proposal to eliminate federal taxes on tips. They say it would help too few people and obscure bigger ...