During the holiday season, Michael DiStefano can be found behind the bar at the historic Milleridge Inn in Jericho. There, DiStefano shakes and pours drinks for hundreds of customers, including a ...
Millions of service workers who rely on tips could save big when they file their taxes in 2026 thanks to President Donald Trump’s “Big Beautiful Bill.” The legislation included the creation of an ...
A tax and spending package introduced new tax breaks on overtime pay and tips for eligible workers. The new rules, which apply to tax years 2025 through 2028, have income and employment-type ...
President Donald Trump delivered on his promise to exempt tips from taxes but critics say the “Big Beautiful” policy may deliver a smaller advantage than expected — and could hurt the very workers ...
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 ...
Roblox CEO Dave Baszucki join e d The New York Times’ Hard Fork podcast to discuss the gaming platform’s new age-verification feature — but he seemed to get frustrated at the number of questions ...
Millions of Americans who receive tips or overtime pay have been issued new guidance from the Internal Revenue Service (IRS) clarifying what tax deductions are available to them. On Friday, the IRS ...
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AirPods Pro 3’s redesigned ear tips are an unexpected hit-or-miss change. The new foam-infused tips radically change how the earbuds feel when worn. Apple knows the ear tips are not one-size-fits-all, ...
The bonds known as Treasury inflation-protected securities are designed to protect investors’ income against rising prices and perhaps even deliver an extra bit of return. But do TIPS, as the bonds ...
An IRS notice said employers and other payers will not face penalties for tax year 2025 if they do not provide a separate accounting of amounts reasonably designated as cash tips or the total amount ...