You’ve been counting on your paycheck to cover bills, groceries, or maybe a small treat, only to find it’s way less than expected. For countless American workers, paycheck deductions can feel like a ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...

State deductions for tips and overtime are not only ineffective at supporting working-class people, it will come at a ...

A new $6,000 tax deduction for seniors takes effect next year as part of Trump’s signature tax law.

Tax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans. Stream NBC 5 for free, 24/7, wherever you are. Many new tax breaks ...

A proposal from GOP Sen. Josh Hawley is adding to the chatter about health care affordability.

These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...