As tax season gets underway, there are several new tax provisions approved by Congress in 2025 that will impact millions of returns this year. No Tax on Tips, a pledge from President Donald Trump, is ...

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Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Santa Claus impersonators are specifically included in the "no tax on tips" deduction.

This year's tax season — which officially kicks off Monday — will be a doozy. The Internal Revenue Service anticipates receiving some 164 million individual income tax returns, with the bulk filed ...

Forbes contributors publish independent expert analyses and insights. A recent Wall Street Journal poll reported widespread support for three of President Trump’s campaign ideas that Congress added to ...

The list has more than 70 occupations and some of the additions may surprise people The name of the provision is misleading and the fine print changes the math significantly Employers have their own ...

Before filing your 2025 income tax returns, you need to know about several new tax deductions which are important to bartenders, tattooists and other tipped-wage workers. Here's what you need to know ...

As the tax-filing deadline nears, millions of Americans are expected to claim new federal income tax breaks for tips and overtime wages available for the first time under a wide-ranging tax law ...

We may receive a commission on purchases made from links. Streamers, YouTubers and other content creators are eligible for the new "No Tax on Tips" policy in the One Big Beautiful Bill Act President ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The federal government has shed light on which tips would be eligible ...