Now that tax season is over, you’re probably tempted to not think about taxes again until next year. That could be a costly ...
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 ...
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.
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 ...
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 ...
It’s officially Tax Day in the U.S. And if you’ve waited till the last minute to file your taxes, don’t panic. You still have time to get it done.