Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
If you earn tips or overtime, the IRS just made your 2025 tax season a little more interesting. A new draft form, Schedule 1-A, lets you claim deductions on those earnings, along with car loan ...
The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill ...
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 IRS has released guidance to help taxpayers understand how the One Big Beautiful Bill Act will impact existing Employee Retention Credit (ERC) claims and refunds.
The Internal Revenue Service (IRS) has officially announced that standard tax forms and withholding tables will remain unchanged for the 2025 tax year, despite the recent enactment of the One Big, ...