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Less tax deductions for tips and overtime, but not anytime soon

President Donald Trump’s promise to eliminate federal income taxes on tips and overtime pay, one of the most popular pledges of his 2024 campaign, is beginning to take legislative shape. However, the ...

8 states where Americans may pay less income tax this year

Eight states cut income tax rates on Jan. 1, 2026. Nebraska’s top rate drops to 4.55 %. Indiana falls to 2.95 %, Ohio ...
Nasdaq

Why Rich People Pay Less in Taxes and How You Can Use Their Strategies

Billionaire Warren Buffet famously proclaims to pay a lower effective tax rate than his secretary, as he wrote in a New York Times op-ed. He does so by simply taking advantage of IRS rules that enable ...
CNET

Income Tax Rules Are Changing. Get the Essential Info Before You File Your Tax Return

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...
USA Today

No one wants to think about taxes at year-end. Here's why you should.

The last thing anyone wants to think about at year-end is taxes, but it’s the first thing you should think about, advisers say. President Donald Trump’s signature tax and spending package introduced ...