"No tax on tips" has been a pillar of President Donald Trump's economic agenda since the lead-up to the 2024 presidential ...

The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...

Our Forensic Tax Assessment often finds past overpayments. Refund-claim strategies (such as net operating loss carrybacks, excess credit applications, or over-withholding adjustments) may take longer ...

“Qualified tips must be paid voluntarily by the customer and not be subject to negotiation,” said a statement released by the ...

The IRS said about 34,000 of its 74,299 employees will be furloughed after its original contingency plan to pay workers using ...

Axios Visuals The Internal Revenue Service on Thursday announced the annual inflation adjustments for more than 60 tax provisions — including income tax brackets, standard deductions and credits — for ...

The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.