In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The law also has limits. It doesn’t cover all of Amaya’s tips. As a single taxpayer, the deduction limit is $25,000, or ...

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

It’s not the tax relief many workers believe it to be.

Californians with incomes of less than $31,000 could pay $100 less next year in taxes, which is 0.6% of this year’s net ...

Donors have several months to plan their contributions before changes from the One Big Beautiful Bill kick in.

A recent spike in demand for electric vehicles ahead of soon-to-expire federal tax credits has led Connecticut to lower some ...

Capital gains taxes are back in the spotlight. This time, the chatter on Capitol Hill has to do with rising home prices.

Cedric Cromwell, 60, of Attleboro, pleaded guilty in federal court in Boston to four counts of filing a false tax return.