Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1) ...
Both furloughed workers and so-called "excepted" government employees, who must continue to show up to work during the ...
President Donald Trump’s sweeping tax and spending law, known as the “One Big Beautiful Bill Act,” will make permanent large tax cuts from the president’s first term. And it makes good on a campaign ...
To receive favorable tax treatment for U.S. federal income tax purposes, the tip must be paid to an individual “in an occupation which customarily and regularly received tips on or before December 31, ...
Millions of salaried workers will soon qualify for overtime pay under a final rule released by the US Department of Labor on Tuesday. The new rule raises the salary threshold under which salaried ...
On July 4, 2025, President Trump signed the “One Big Beautiful Bill” (OBBB) into law, which contains two key provisions that are likely to be very popular with employees. Those provisions provide ...
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...
RALEIGH, N.C. (WTVD) -- A Triangle dental practice has been hit with federal overtime violations. Federal investigators said Friday that Dr. Michael C. Kretchmer didn't pay his employees overtime when ...
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