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 that taxpayers will use to claim a series of ...

Before filing your 2025 income tax returns, you need to know about several new tax deductions which are important to bartenders, tattooists and other tipped-wage workers. Here's what you need to know ...

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 ...

Steakhouses are known for traditional cuts of meat like a strip steak with a nice fat cap, a marbled ribeye, and tender pieces of lean fillet. In addition to all the regular contenders that you’re ...

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 ...

Who do you think would win a fight between a python and a crocodile in Florida? Generally, we would look to real-life examples for clues, but surprisingly, there isn’t very much of that. While there ...

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...

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 ...

Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...

Millions of service workers who rely on tips could save big when they file their taxes in 2026 thanks to President Donald Trump’s “Big Beautiful Bill.” The legislation included the creation of an ...