There will be no tax on tips and no tax on overtime this tax season. Here's what to know about deductions and who qualifies ...

Chalkbeat reports on the federal tax-credit scholarship program, raising questions on its impact on public education and ...

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest, dividends, alimony, retirement distributions, unemployment compensation and Social ...

Tax season just got a lot more complicated for millions of Americans. While the federal government rolled out attractive new tax breaks through President Donald Trump’s One Big Beautiful Bill Act, ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The experience with the tax bill enacted at the end of President ...

No tax on tips: Workers who receive tips can deduct up to $25,000 of qualified tip income on their federal return. No tax on overtime: You can deduct part of your overtime pay (the extra half-time ...

Yes, the due date for your 2025 federal income tax return is still months away. But the go-getters among us are already thinking about our 2026 federal tax returns. It’s never too early to begin ...

Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025. Solar panels are seen on the roof of a commercial building in West Los Angeles, on Jan. 4, 2025.Daniel ...

Forbes contributors publish independent expert analyses and insights. Aleksandra Bal covers indirect tax and technology developments. People turn to AI for just about everything these days—from ...