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 ...

Eliminating taxes on tips has emerged as a sturdy -- and contentious -- political talking point in the last year, and now it's one step closer to reality. On Tuesday, the Senate unanimously voted to ...

IRS: Learn how to claim new tax deductions available in the IRS Schedule 1-A, covering tips, overtime pay, car loans, and enhanced deductions for seniors.

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, ...

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

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

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 ...

Clowns entertain crowds at local fairs by twisting skinny balloons into poodles and swords. And now, the dollar bills thrown into that top hat on the ground could fall into the new "no tax on tips" ...