The deadline for public comment on the proposed No Tax on Tips rule is this week. Restaurant industry groups say the rule ...

IRS Confirms 2026 Tax Bracket Updates. What Top Earners Need to Know. The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well.

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions. These deductions can lower your taxable income, and save a bundle in taxes ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Lea Uradu, J.D., is a Maryland state ...

The IRS has announced new 2026 tax brackets, with inflation adjustments that could slightly lower tax bills for high earners.

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

While the IRS has released guidelines on Trump’s new tax rules related to tips and overtime, the AICPA says employers are ...

Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, tax filing deadlines, and tax trivia.

Yes, those jobs qualify, too. When it comes to eateries, for example, the tax deduction for tips also could apply to pastry chefs, food preparation workers, those who clear off tables, dishwashers, ...