States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...

IRS relaxes ‘no tax on tips law’ so more workers can take advantage. Here’s who will benefit - Treasure Department’s tax ...

The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from claiming the deduction.

Under the new guidance, workers in specific occupations where tips were customarily and regularly received before 2025 may ...

Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.

The Trump administration threw a bit of a wrinkle into the implementation of the “no tax on tips” provision on Friday.

WASHINGTON (AP) — The Treasury Department is moving closer to making President Donald Trump's “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped ...

This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.

The One Big Beautiful Bill Act of 2025 (OBBBA) expands several business tax benefits while easing certain compliance ...