A new tax form, Schedule 1-A, introduces four new deductions for the 2025 tax year. All four write-offs are "below-the-line" deductions, which reduce taxable income but not adjusted gross income. Each ...
BATON ROUGE, La. (WAFB) - Senate Majority Leader John Thune (R-SD) visited the Capital Region Thursday, January 15, to explain how the “no tax on tips” deduction from the One Big Beautiful Bill Act ...
President Donald Trump touted "no tax on tips, no tax on overtime, no tax on Social Security" provisions from his "big beautiful bill" at a speech on Wednesday in Davos, Switzerland. Experts say the ...
Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...
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