Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...
Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...
People working in an occupation on an approved list who receive qualified tips would be eligible for the tax benefit.
The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.
The tip must be voluntarily given, so mandatory tips or auto-gratuities would not qualify for the “no tax on tips” benefit. However, tip pools and similar arrangements qualify, so long as they are ...
The Treasury Department is moving closer to implementing President Trump's "no tax on tips" promise. New guidance released Friday outlines which tipped workers can benefit. The provision, part of ...
Each category includes what it covers, why it qualifies as deductible, and any special IRS rules or limits you should know.
Virginians who earn part of their wages from tips could legally deduct those gratuities from income the state taxes under a proposal Gov. Glenn Youngkin put on the table Monday as a teaser for tax ...
Understanding the spectrum of definitions of AGI can help leaders ask sharper questions in boardrooms and avoid chasing hype cycles.
Alamos Gold Inc. (NYSE:AGI) is one of the best precious metals stocks to buy now. On September 15, Jefferies analyst Fahad Tariq reiterated his Buy rating but raised the price target on the stock to ...