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The new No Tax on Tips baked into President Trump’s ‘Big, Beautiful Bill’ has caused confusion and anger for restaurant ...
On July 4, 2025, as part of the One Big Beautiful Bill Act (Act), provisions titled “No Tax on Tips” and “No Tax on Overtime” were signed into ...
You should also keep other items as proof of gambling winnings and losses. For example, hold on to all W-2G forms, wagering tickets, canceled checks, credit records, bank withdrawals, and statements ...
The federal government enacted the One Big Beautiful Bill Act (the “Act”) on July 4, 2025. The Act extends and makes permanent certain tax ...
The “One Big Beautiful Bill” includes a section titled “no tax on tips,” but it doesn’t actually eliminate taxes on ...
NEW YORK (AP) — Amid a federal overhaul of student loan plans, many borrowers have been left wondering what it means for their hopes of loan forgiveness. In particular, those who are enrolled in a ...
In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...
In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on the Income Tax e-Filing portal. Plus, I’ll touch on the kind of notices you ...
Chubb Limited achieves record Q2 2025 results with $6.14 EPS, robust global growth, and a new $5B share buyback plan.
President Donald Trump proposed eliminating a tax that made it more expensive for homeowners to sell, which could encourage ...
Abu Dhabi and Dubai secure top spots in a global tax-friendly cities ranking. Several Gulf cities, including Riyadh and Doha, ...