With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.
Even when no Form 1099-B is issued, sellers of precious metals and numismatic items may still owe taxes on paper gains from sales or exchanges.
The discussion around no tax on tips centers on fairness, economic growth, and worker dignity. Service workers who depend on customer generosity often welcome policies that strengthen their earnings ...
As a result of the abrupt change, the district's tax agency warned that filing could be disrupted. "Electronic and paper versions of the 2025 district income tax forms will be delayed," the Office of ...
A new tax rule in the United States gives many older adults a chance to reduce their taxable income. Seniors aged 65 and ...
The Massachusetts Immigrant & Refugee Advocacy Coalition launched a spinoff group to harness the political muscle of immigrants and refugees.
Several states warn of tax refund delays this year. Will Ohio taxpayers be affected this tax season? What to know and what's ...
The U.S. Treasury Department and the Internal Revenue Service have proposed a regulatory change that could alter how millions ...
Ron DeSantis has proposed a massive income tax on Floridians who make money from OnlyFans. James Fishback, a Republican vying for his party’s nomination in the August primary, wants to impose a 50% ...
The IRS raised the senior tax deduction for 2025. Here’s who qualifies, how much you can claim, and what retirees should know before filing.
The watchdog also encouraged the SBA to address inefficiencies in the Disaster Loan Program by pursuing a new legal authority ...
IRS releases 2026 “Dirty Dozen” tax scams list, spotlighting evolving schemes from AI impersonation to bogus credits and new abusive capital gains claims, plus guidance on reporting fraud.