How The New Overtime Deduction Works And Who Is Eligible To Claim It

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary overtime deduction.
Forbes

Questions About The New Tax Bill? Taxgirl Has Answers

New deductions for seniors, tipped workers and overtime, plus a tax hit on gamblers, have generated confusion, misinformation and outrage. Misinformation about the One Big Beautiful Bill Act (OBBBA) ...
MoneyLion on MSN

10 tax deductions you can take if you are self-employed

Self-employed individuals have their own unique opportunities at tax time. Here are some of the most generous tax deductions available to the self-employed.
Hosted on MSN

7 critical tax deductions middle class retirees need for 2026

Tax season feels different when you’re retired. You’re not chasing W-2s from multiple employers or worrying about 401(k) plan contribution limits anymore. But that doesn’t mean you’re done looking for ...
JD Supra

Permanent Exemptions and New Deductions: What the 2025 Tax Law Means for Estate and Tax Planning

On July 4, 2025, President Trump signed into law the 2025 Budget Reconciliation bill, commonly known as the One Big Beautiful Bill Act (“Act”). This legislation extends several provisions from the Tax ...