As tax season approaches, many Hispanic families in the U.S. wonder if SNAP benefits need to be reported to the IRS. It's ...
In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...
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US income taxes in 2026: What to know and how to save
As 2026 approaches, U.S. taxpayers face significant changes in income tax regulations. The 'One Big Beautiful Bill Act' ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The Trump administration is ramping up efforts to revoke the ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The U.S. income tax rules make it surprisingly easy for ...
New federal tax law allows deductions on tips and overtime starting with 2025 taxes Workers earning under $150K can deduct up to $25K in tips, $12.5K in overtime Qualifying jobs may include servers, ...
Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, including expanded deductions and extended lower rates. Inflation adjustments ...
In a general legal advice memorandum dated September 8, 2025, with a release date of September 19 (the “GLAM”),1 the Chief Counsel’s office of the Internal Revenue Service (“IRS”) addressed the ...
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