On July 4, 2024, President Trump signed the “Big Beautiful Bill,” which contains two provisions that provide federal income tax deductions on ...

New federal tip and overtime deductions effective in 2025 require employers to reassess payroll, reporting and compliance practices ...

Maximum annual deduction is $25,000; for self-employed, deduction may not exceed individual’s net income (without regard to ...

How you fill out Form W-4 determines how much your employer withholds for taxes. You need to get it right so you don’t end up ...