New tax breaks for tips, overtime pay and car loans come with strict limits that could leave many Americans out this tax season.

The April 15 deadline to file taxes is quickly approaching. But for millions of taxpayers, some of the old filing rules no longer apply.

With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.

The IRS has published filing instructions for the new Schedule 1-A and Form 1040 instructions for taxpayers to claim no tax ...

A for tax year 2025 tied to the “One, Big, Beautiful Bill,” offering deductions for tips, overtime pay, car loan inte ...

President Donald Trump’s visit to the Tri-State Wednesday put a spotlight on one of his signature legislative promises: no taxes on tips or overtime. Trump called a Newport bartender on stage, saying ...

In a surprise move, the Senate unanimously passed the No Tax on Tips Act which would allow up to a $25,000 deduction for workers who typically receive tips as part of their compensation. In a surprise ...

The IRS published instructions and tips to help qualified tipped workers to apply for the “No Tax on Tips” deduction.

Must-Know Tax Season Tips for Small Businesses and Solopreneurs ...