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The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
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Econostrum on MSNIRS Raises 401(k) Limits to $23,500 in 2025 – Key Changes in the New Big Beautiful BillAmericans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...
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Money Talks News on MSNWhat the New Tax Law Changes for Slot Machine PlayersSlot machine players just caught a break. The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...
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Soy Nómada on MSNIRS no longer allows moving expense deduction under new lawUnder the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
Taxpayers could face significant hurdles during the 2026 tax filing season after the Internal Revenue Service (IRS) reduced ...
The U.S. Senate has passed the Filing Relief for Natural Disasters Act, a bipartisan bill sponsored by Sens. John Kennedy, ...
IRS’ updated process for FAQs on new tax legislation. IR-2021-202. IR-2021-202 is a press release that announces changes to the IRS “process for certain [FAQs] on newly enacted tax legislation.” ...
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