The new tax code resulted in several new tax breaks, but that’s not the only way to save money. Proactive year-end planning ...

As we approach the end of the fourth quarter, most business owners are focused on finishing the year with strong financial results. Your time and energy is primarily directed toward business profits, ...

Man selecting 20% tip while using a handheld credit card scanner at a restaurant in Queens, New York. Man selecting 20% tip while using a handheld credit card scanner at a restaurant in Queens, New ...

"No Tax on Tips" impacts how service workers track their earnings, but will it change how much your restaurant bill will be?

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

This week’s Tax Breaks newsletter also looks at fantasy football winnings, car-related tax deductions, stock options, IRS Chief Counsel nod, Taylor Swift tax, tax filing deadlines, and tax trivia.

The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful Bill Act, allows eligible tipped workers to deduct a portion of their income ...

Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...

Philadelphia hospitality industry workers who rely on tips, whether cash or charged, can take advantage of a new federal tax deduction on top of the standard deduction for tips under a new law signed ...

Millions of American service workers—from bartenders and barbers to delivery drivers and nail techs—are one step closer to keeping their tips tax-free. In a rare show of bipartisan unity, the Senate ...