News

How small provision added to Donald Trump’s ‘Big Beautiful Bill’ affects taxes for sports bettors
A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...
Moved to a new city for work? Here is what it means for your taxes
Relocating for a job can impact your tax situation. Understand how your move affects your income tax liability, deductions, ...
Gigwise12h
Understanding Legal Jargon in Your Employee Settlement Agreement
Have you ever been given a document so fat that it makes your college syllabus a meme? Yep, that is your employee settlement ...
National Law Review22h
Tax Court Breaks New Ground on the Deductibility of Termination Fees with AbbVie Ruling
On June 17, 2025, the Tax Court opinion in AbbVie Inc. and Subsidiaries v. Commissioner of Internal Revenue was ...
National Law Review6h
It’s Official—No Tax on Tips, No Tax on Overtime Through 2028
One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...
ITR Filing FY 2024-25: What if you file the wrong ITR form? Here's how to fix it before it's too late
Filing the wrong ITR form for FY 2024-25 can delay refunds and attract notices. This article outlines simple steps to rectify incorrect ITR filing and avoid tax-related hassles.
Money on MSN8h
How to Use Trump’s New Tax Cuts to Your Advantage Now
Qualifying Americans 65 and older are eligible for a deduction of up to $6,000 under the new law. If an individual’s income exceeds $75,000, the deduction is phased out. (For couples filing jointly, ...
Titus seeks fix to Trump bill’s gambling deduction change
An amendment tucked into the more than 1,000-page budget legislation by Senate Finance Committee Chairman Mike Crapo , R-Idaho, changed the tax code, limiting the amount gamblers can deduct from their ...