Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.

Revised final 2024 payrolls for the 30 major league teams for purposes of the luxury tax, as defined by baseball’s collective bargaining agreement and sent to clubs by the commissioner’s office.

Many of the most impactful tax provisions in the "One Big Beautiful Bill" (OBBB), which President Trump signed into law on ...

The current president of the United States got the attention of hospitality workers everywhere with his four-word promise of ...

Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...

On 26 June 2025, the president assented to a consolidated set of tax laws intended to overhaul Nigeria’s fiscal system. The Presidential Fiscal Policy and Tax Reforms Committee has since published 50 ...

Most taxpayers will be in for a pleasant surprise when they prepare their federal income tax returns for 2025. Last July’s ...

Last Tuesday, we covered three ways to keep more of your money in your hands as the year winds down—prepaying expenses, ...

Making good on President Donald Trump’s promise for “no tax on tips” has proved to be complicated and, in some cases, ...

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...

Several once-routine federal tax breaks are now gone for good, reshaping how many households and investors plan for 2026 and beyond. I will walk through six specific breaks that have disappeared, ...