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Starting next year, millions of Americans — from restaurant servers to retirees — could receive lower tax bills under ...
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Explícame on MSN4 IRS Changes to Your Taxes Already in Effect by OBBBASeveral impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...
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Soy Aire on MSNIRS Budget Cuts: A Debate on Fiscal Responsibility and Tax ComplianceThe Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...
KEY TAKEAWAYS The 'One Big, Beautiful Bill' introduced several new tax deductions, some of which will apply to the money ...
In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...
Staffing shortfalls and intricate new policies are complicating efforts at the Treasury Department and IRS to meet President ...
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Bankrate on MSNFreelance, self-employed and gig workers: Here are 5 key provisions you should know about in the new tax lawThe massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.
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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 ...
KOAA Colorado Springs, CO on MSN17d
Big Beautiful Bill Changes Gambling Tax Laws, Losses Now CappedThere are new laws regarding gambling losses. Previously players could deduct those losses from their winnings with the IRS, now following the passage of the Big Beautiful Bill, there is a cap.
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Soy Nómada on MSNCould you deduct more on your taxes next year? new law says yesStarting in 2025, the 'One Big Beautiful Bill' brings bigger standard deductions, a higher SALT cap, and new senior tax credits—potentially boosting your refund. Learn how to take full advantage.
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