The new tax benefits were introduced under President Trump's 'One Big Beautiful Bill.' Nataliya Vaitkevich/Pexels.com As the 2025 tax season approaches, the Internal Revenue Service (IRS) and the US ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...