Tax season can reduce even the most organized individuals to stressed-out procrastinators. And if you're anything like me, you're not exactly the most organized individual in the first place. The ...
Tax strategy doesn’t just happen in April. While it may feel like you just filed your 2024 taxes a minute ago, the time to set yourself up for success in your 2025 taxes is now. Most high earners with ...
A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and write-offs — and how to claim them. Many, or all, ...
The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...
Millions of households are about to discover that President Donald Trump's new tax rules make a zero-dollar federal income ...
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The Trump administration released its preliminary list of occupations not required to pay income tax on their tips under Republicans’ new tax cuts and spending bill. Occupations that qualified were ...
Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...
Janet Berry-Johnson is a CPA who writes about income taxes, small business accounting, and personal finance. She lives in Omaha, Nebraska, where she enjoys cooking, reading, and spending time outdoors ...