ROCHESTER, N.Y. — Tax season is right around the corner and there are changes coming to the federal tax laws for people who rely on tips or overtime as part of their income. The president is promising ...
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Maximum deduction: $25,000 per year, phased out for taxpayers with income above $150,000 (single) or $300,000 (joint). The deduction is above-the-line, available even to those who do not itemize. Must ...
Series I Savings Bonds remain a hedge against inflation, but their appeal is waning as rates are expected to drop and other cash alternatives become more competitive. TIPS offer superior real yields ...
Regular and Pro iPhones are on the verge of converging. Apple has finally equipped the base iPhone 17 with a 48MP ultra wide camera and a larger 120Hz always-on display, redefining what a non-Pro ...
The new tax break on tips is good news for tens of thousands of New York waiters and housekeepers, who no longer pay federal taxes on up to $25,000 a year in tips they collect. But that benefit — a ...
A draft version of Form W-2, Wage and Tax Statement, for 2026 includes boxes and codes for reporting qualified tips and qualified overtime compensation that can be deducted temporarily under the ...
One month after President Donald Trump’s “no tax on tips” campaign pledge became the law of the land, there’s still a big question to settle: Which workers qualify for the tax break? A clock is ...
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