As the tax-filing deadline nears, millions of Americans are expected to claim new federal income tax breaks for tips and ...

The final IRS regulations expand the tips deduction to 71 occupations and clarify rules on qualified tips, digital payments, ...

The "big beautiful bill" introduced a tax provision that allows some workers to deduct the tips they earn. The IRS released ...

The IRS said gig workers and other self-employed individuals can qualify for this deduction if their occupation is on the ...

Georgia lawmakers approved a sweeping tax relief package before the legislative session ended, lowering the state income tax ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. When filing a federal tax return, Americans face a key choice that can directly affect how much they owe—or how much they ...

It’s tax season, and thanks to last year’s GOP tax and spending law, there are lots of changes to the rules. One of the biggest involves the deduction for state and local taxes. So far this tax season ...

The Internal Revenue Service issued a revenue procedure offering guidance on how businesses can take advantage of new tax breaks offered by the One Big Beautiful Bill Act and withdraw some previous ...

Owning a home changes your tax picture, but not always in obvious ways. Some homeowners assume buying a home automatically leads to a larger refund. Even long-standing homeowners can overlook ...

A new tax break is available this filing season for taxpayers who have car loans on vehicles that meet certain specifications. The One Big Beautiful Bill Act (OBBBA), which was passed through Congress ...