Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

Real estate investing professional explains the tax advantages and efficiencies of investing in car wash real estate.

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

The "One, Big, Beautiful Bill" seeks to make the 2017 tax cuts permanent and expand them further. Standard deductions would increase, child tax credits would rise to $2,500, and business owners would ...

Have questions about the No Tax on Tips Bill and when it will start being enforced? Here’s everything we know so far.

The Senate passed a bill on Monday which aims to eliminate taxes on tips in the United States. While it still has a long road ...

Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers ...

The U.S. Senate passed the No Tax on Tips Act on Tuesday, sending the bill to the U.S. House for consideration. President ...

The bill released late Friday would increase the standard deduction by $1,000 for individuals and $2,000 for married couples starting in tax year 2025, above and beyond the Trump tax cuts ...

Source: TikTok/Getty The Australian Taxation Office (ATO) has revealed the new way it is catching out small businesses doing “cash jobs” and making dodgy tax deductions. Australia’s more than two ...