The new $25,000 tip tax deduction applies from 2025 through 2028. File IRS Schedule 1-A to claim it. Only voluntary tips ...

Many filers will be able to claim bigger deductions this year, thanks to new rules in the tax code. We spoke to the experts ...

The 2026 tax season, marked by new regulations and IRS staffing challenges, significantly increases error risks, making early preparation essential. Here 10 moves.

In response to a Treasury Department Request for Comments concerning regulatory guidance for Trump Accounts, several industry groups offered feedback on various topics, including employer ...

Form 1099-MISC is for miscellaneous income. But Form 1099-NEC is for payments to independent contractors and adds ...

Completing your state and federal income tax forms can be a daunting task. The instructions booklet for federal taxes is 120 ...

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 ...

From phishing emails to fake tax preparers, these four W‑2 form scams in 2026 could put your money and identity at risk.

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.

The R.I. Department of Administration said it will be sending corrected forms to every employee.