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Starting next year, millions of Americans — from restaurant servers to retirees — could receive lower tax bills under ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
A gambling losses tax deduction cap in Trump’s “Big Beautiful Bill” is causing an uproar. Here’s what you need to know.
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.
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Money Talks News on MSNNew Bill Would Eliminate Income Taxes on Home SalesBut newly proposed legislation would make some future sales even more lucrative. The No Tax on Home Sales Act, introduced in ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and tax changes.
The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped ...
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Self Employed on MSNCongress Passes Bill to Streamline Tax Deadline Extensions After DisastersThe post Congress Passes Bill to Streamline Tax Deadline Extensions After Disasters appeared first on Self Employed.
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Come Cruise With Me on MSNLas Vegas Strip and US gamblers get big change to IRS handpay limitThe change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
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Trump IRS Shakeup and New Commissioner Billy Long: What's Next?You may have heard that earlier this year, President Trump nominated former Missouri Congressman Billy Long to be IRS Commissioner. And, after a remarkably protracted delay, Long was finally ...
The IRS also will need to quickly update tax forms for the 2025 tax year. "With new legislation, the IRS is likely to receive a higher volume of calls, so it may need more employees, in addition ...
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