New IRS rules on overtime and tips could complicate 2025 tax returns

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

Trump's 'no taxes on tips' policy may be the stupidest tax break ever, according to UC Berkeley tax law professor. How everything comes with a catch

President Donald Trump delivered on his promise to exempt tips from taxes but critics say the “Big Beautiful” policy may ...
WKRG

Simple vs complex tax returns: What’s the difference?

(NewsNation) — As tax season approaches, millions of Americans qualify to file their taxes for free — but only if they have what’s known as a “simple tax return.” A simple tax return typically ...

What are the IRS reporting requirements for rental income?

TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...

These 4 investments will reduce your tax bill immediately. And could potentially save you up to 6 or 7 figures. How many do you use?

Some of these perks don’t apply to investment properties, but that doesn’t necessarily mean you’ll have to pay more taxes for ...

Labour will not tax state pension for those with no other earnings

People receiving the state pension will not have to pay income tax in this parliament if they have no other earnings, Rachel ...

State pensioners with no other income will not pay tax

Chancellor Rachel Reeves has said that people whose only income comes from the state pension will not have to pay tax. The ...
FOX31 Denver

Simple vs complex tax returns: What’s the difference?

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation) — As tax season approaches, ...