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 ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

The IRS is rolling out new deductions for tip and overtime income. Here's how they work and who qualifies.

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...

The IRS won’t require employers to separately report tips and overtime in 2025, which may be confusing for employees. New IRS guidance can help taxpayers figure the deductions. The IRS has released ...

Learn how the new ‘no tax on tips’ deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work. “No tax on tips” is the name given to a new tax deduction for tip income ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

WASHINGTON (AP) — Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration’s preliminary list of occupations not required to pay income tax on their ...

Tipped workers will be able to deduct up to $25,000 in tips from their taxable income beginning in 2025. To help sort out the details, the Treasury and the IRS are rolling out additional guidance.

The Wisconsin Assembly passed a bill Thursday to eliminate state income tax on tips, advancing legislation that mirrors ...

Wisconsin workers would no longer pay state income taxes on tips and a portion of overtime pay under bills passed by the state Assembly Jan. 15.

Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration's preliminary list of occupations not required to pay income tax on their tips under ...