These schemes often involve the misuse of tax credits that are only available in specific situations, such as the Fuel Tax ...

Don't be fooled into thinking you can claim tax credits you don't actually qualify for. Tax advice on social media is often ...

The tip must be voluntarily given, so mandatory tips or auto-gratuities would not qualify for the “no tax on tips” benefit.

People working in an occupation on an approved list who receive qualified tips would be eligible for the tax benefit.

Find out how these new deductions could reduce your tax bill and what you need to know to qualify before they expire.

WASHINGTON -- The IRS is warning taxpayers about false information being spread online that is causing filers to claim ...

The “no tax on tips” provision lasts only from 2025 through 2028. And the tax-free status would phase out for single ...

Accountants give their tips on how workers and employers should approached tipped income under new tax rules. The tax and spending bill passed by Congress and signed into law by the president on July ...

The Treasury Department on Friday released its proposal regarding tax relief on tips, one of Donald Trump’s key promises in ...

Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips and overtime. Here's how.

The Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, ...