This week's political podcast also looks at how Trump 2.0 is dismantling the federal workforce, and how the White House power ...
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 ...
Gov. Glenn Youngkin (R) has proposed making Virginia the first state to deliver a no-tax-on-tips policy, but House Democrats ...
Filing a tax return is required for you to receive a tax refund, but filing a return doesn't guarantee you'll receive a tax ...
Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...
President Donald Trump has pledged to end taxes on overtime pay, as well as other things like tips and Social Security.
Refunds are typically received within 21 days of the IRS accepting your return, but some issues can delay that timeline.
Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...