Tax returns filed in 2026 will be the first affected by President Donald Trump’s temporary “No Tax on Tips” policy — and for some Nevada workers, eligibility may be narrower than expected. “There are ...

The U.S. Department of the Treasury and Internal Revenue Service on Friday released further guidance for taxpayers who may benefit from the "no tax on tips" provision enacted via President Donald ...

The final regulations list more than 70 separate occupations of tipped workers from bartenders to clowns to golf caddies to locksmiths to massage therapists. Tip income involving "service charges" ...

About 1 in 10 American workers are earning a living as a gig worker. That means they find their customers through Lyft, DoorDash, TaskRabbit and other digital platforms, or do another form of what the ...

New tax deductions for overtime pay, tips, seniors, and car loan interest don’t disappear immediately when income crosses a line. Some deductions, such as one for those 65 and older, end up being ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Internal Revenue Service (IRS) published on Monday a new schedule ...

Budtenders and other cannabis shop workers don't qualify for "No Tax on Tips." Declared tips must be voluntary so mandatory gratuities common for large parties are excluded. IRS guidance remains ...

Locksmiths, tattoo artists and pedicab drivers are among those who could benefit from a new deduction this tax season that lowers the burden on workers who received tips as part of their income last ...

Retirees who aren’t comfortable leaving their retirement spending to the whims of the capital markets can generate consistent income by using their investment portfolio to buy bonds. By building a ...

Did you earn tips in the service industry or work a lot of overtime? With the 2026 tax season approaching, you might be wondering how to properly prepare your tax filings. Last summer, President ...

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California is among the blue states that won’t be adopting President Trump’s “No tax on tips” policy — and hardworking waitstaff and bartenders in the Golden State aren’t having it. “It would put a ...