New IRS rules on overtime and tips could complicate 2025 tax returns

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.

IRS issues guidance on Trump’s ‘no tax on tips’ and overtime ahead of tax season as experts predict ‘off the charts’ confusion. What you need to know

We’re going to have this hodgepodge, weird year of rules that’s going to make reporting very difficult for employees." ...

Trump's 'no tax on tips' deduction won't benefit some tipped workers. Here's why

Millions could be eligible for Trump's "no tax on tips" deduction for the upcoming tax season. But some workers won't benefit ...
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IRS tax updates for this year and next could change your refund

Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...

IRS 2026 tax refund: Is a higher tax refund coming in 2026? Here’s how much money Americans could get back next year

The 2026 tax filing season is shaping up to look very different from recent years. Early projections suggest millions of ...