A slew of new tax provisions went into effect in 2025, which could significantly change how much you'll get back.

Understanding your paycheck has become more complicated than ever. Between federal taxes, state income tax, local taxes, ...

The IRS widened income ranges for most tax brackets, which could slightly reduce how much is withheld from paychecks.

Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...

New federal tax law allows deductions on tips and overtime starting with 2025 taxes Workers earning under $150K can deduct up to $25K in tips, $12.5K in overtime Qualifying jobs may include servers, ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year. But which workers will qualify for the new deductions ...

The Senate side of the Capitol is seen in Washington, early Monday, June 30, 2025, as Republicans plan to begin a final push to advance President Donald Trump's big tax breaks and spending cuts ...