Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.

For millions of workers, tips aren’t just a perk — they’re essential. Data show that about 4 million people in the United States, or one out of every forty workers, depend on tips to pay the rent and ...

Yes, those jobs qualify, too. When it comes to eateries, for example, the tax deduction for tips also could apply to pastry chefs, food preparation workers, those who clear off tables, dishwashers, ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

We rate the best tax software solutions — from budget-friendly options for straightforward returns to feature-rich platforms ...

Influencers, rideshare drivers, performers, baristas and more will be covered under the “No Tax on Tips” policy passed as part of President Donald Trump’s recent spending bill, multiple reports ...

The "One Big, Beautiful Bill" created new tax deductions for income earned as tips. Fewer than 3% of all tax filings will be able to utilize the new deduction and tips will still be subject to payroll ...

IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier to reduce taxable income, save money, and help working ...

The Treasury Department released proposed regulations Friday on the "no tax on tips" provision of the One Big Beautiful Bill Act, outlining which types of jobs and tips would be eligible. A draft list ...

The “One Big Beautiful Bill” that became law on July 4 — which President Donald Trump has called “a massive tax cut for the middle class,” but opponents say is designed mostly to benefit the wealthy — ...

Some 'no tax on tips' occupations might surprise you: Podcasters, social media influencers, plumbers and house painters. The new, special tax break on tips is retroactive and applies to eligible tip ...