At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips.

Here’s what Trump’s promise could mean for retirees and why you shouldn't be factoring this potential change into your ...

Tips have a clear definition for tax purposes: the payment must be made “free of compulsion,” and the customer determines the amount—it cannot be the result of negotiation. Those restrictions make it ...

“There’s just no way to control for the effects of Covid.” Not that everything about the 2017 tax law is a mystery. The legislation slashed marginal tax rates for almost every individual ...

As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to ...

Under this example they owe $2,096 in federal income taxes. With a no-tax-on-tips policy in effect, their adjusted gross income is $19,000 since the $15,000 income in tips isn’t considered taxable.

Because illegal alcohol consumption is difficult to track, we cannot be certain whether total consumption decreased.By Paul MaritzTHE South African government is currently considering further tax ...

President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax returns might not be warranted.

Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.

Especially if they come with reductions to Medicaid, food stamps and other safety net programs, the policy will make the rich ...