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If tips are part of your pay, the federal tax agency treats every dollar you receive, whether left on the table in cash or added to a credit card receipt, as regular income.
A tax deduction reduces your taxable income and how much tax you owe. You can itemize your deductions or take a fixed amount with the standard deduction.
Republican leaders in the House are sprinting toward a vote on President Donald Trump’s tax and spending cuts package, ...
The chamber stood idle for more than seven hours as GOP lawmakers met with President Trump and others shuttled in and out of ...
Check the latest IPL Orange Cap and Purple Cap standings. Jake Paul confesses early boxing career earned him financial setbacks amid recent $40 million annual income ...
WASHINGTON — President Obama's 2015 budget to be unveiled on Tuesday will include a proposal to expand the earned-income tax credit for 13.5 million low-income Americans by closing tax loopholes ...
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President Donald Trump signed his "big beautiful" spending bill into law on July 4.
The property tax deduction is great for homeowners. Here's how it works in 2025 and what you can do to save money.
As they refine the tax bill, Republicans should consider ways to use tax credit housing, since it's likely to continue, to actually achieve Carson's stated goals.
Ohioans who received unemployment benefits in 2020 won't have to pay income taxes on the first $10,200 they received.
The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.
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