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This year’s tax filing season officially kicked off in July, with auto assessments running from 7 – 20 July. For non-provisional taxpayers who were not auto-assessed, they will be able to submit and ...
Key provisions in the president’s signature legislation will take effect at different times over several years.
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...
The Senate bill also includes new policy proposals, such as tax breaks for tip income, overtime pay, auto loans and a bonus deduction for older Americans to help offset Social Security income taxes.
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
WASHINGTON -- The budget bill championed by President Donald Trump could complicate next year's tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an ...
Trump’s budget bill could complicate 2026 tax filing season after IRS cuts, watchdog warns Taxpayers will likely see the effects of staffing reductions at the IRS.