Under the OBBBA, workers can treat tips as an above-the-line deduction for the first $25,000 in tips they receive. The deduction will apply to federal income taxes, but not federal payroll taxes, and ...

The new law does not expressly name Planned Parenthood, but bars Medicare reimbursements to nonprofits that provide abortions ...

A long-term investor in Apple (AAPL) might be perfectly thrilled at the stock's performance. It has returned 663% over the past 10 years, compared with a return of 261% for the S&P 500 SPX. And ...

Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, ...

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

EDITOR: “The rule of law.” Donald Trump and Attorney General Pam Bondi voiced that phrase to validate deportation policies.

There are 341 million people in America. Each American man, woman and child’s federal government debt share is $105,571 and ...

Grants to local law enforcement partners make troopers’ jobs easier. When local agencies are better equipped, trained, and ...

People are concerned over changes to gambling deductions and new taxes passed by Congress in the Big Beautiful Bill.

New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher ...

The Trump administration's sweeping immigration raids in Southern California faced a legal roadblock on Friday, as the White ...