As part of the One, Big, Beautiful Bill Act, taxpayers are entitled to a tax deduction on “qualified overtime” and “qualified tips” received during tax years 2025 through 2028. The following is a ...
PROVIDENCE, R.I. (WPRI) — More than two weeks into tax season, the Rhode Island Department of Administration (DOA) said it ...
A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.
Believe it or not, it's possible to prepare and file your income taxes without spending a dime. We've reviewed the leading ...
Ramp reports that employee reimbursements are non-taxable under accountable plans but taxable under non-accountable plans due to IRS rules.
President Donald Trump's "big beautiful bill" added the "no tax on overtime" deduction for 2025 returns. Here's how to claim ...
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. As tax season approaches, small business owners across the U.S.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...
KOAT APP AND TURN ON ALERTS. HAPPENING TODAY, THE TAX FILING SEASON OFFICIALLY BEGINS. AREN’T YOU EXCITED? NO. AND THERE ARE SOME CHANGES NEW MEXICANS NEED TO KNOW ABOUT. OUR OWN ALYSSA MUNOZ IS LIVE ...
Tax season kicks off with new form and expanded deductions Alex Pretti spotted on camera moments before fatal shooting in Minneapolis Sam Darnold was an NFL castoff. Now he's in the Super Bowl. You've ...
The Internal Revenue Service and the Treasury Department released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act only a few days before the ...