This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.

Running a small business means juggling countless responsibilities, but staying tax-ready all year can save you stress, money, and potential penalties. From classifying workers correctly to leveraging ...

Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.

As a result of "no tax on tips" becoming law, many restaurants may need to rethink service fees on large groups. Mandatory gratuities, typically 15% to 20% that restaurants often impose on parties of ...

Now that tax season is over, you’re probably tempted to not think about taxes again until next year. That could be a costly ...

This article was paid for by Intuit QuickBooks. There’s a reason so many business owners invest in an accountant or tax professional: Close to a quarter (23%) worry about underpaying the IRS, ...

Tax returns filed in 2026 will be the first with President Donald Trump’s “No Tax on Tips” policy in effect — and it may be confusing for some filers because not all tipped occupations qualify and ...

If you have overtime in 2025, your taxes might look a little different this year. With the signing of President Donald Trump's “One Big Beautiful Bill” on July 4, 2025, several tax changes are going ...