In July 2025, the 'One, Big, Beautiful Bill' was signed into law and several new tax law provisions are set to become effective, impacting federal taxes, credits and deductions. This bill makes ...
Gov. Kathy Hochul on Thursday proposed eliminating state taxes on tips of up to $25,000 a year, as a law that provides a similar federal tax deduction takes effect for 2025 tax-year filings. "I’m ...
California is among the blue states that won’t be adopting President Trump’s “No tax on tips” policy — and hardworking waitstaff and bartenders in the Golden State aren’t having it. “It would put a ...
Millions of service workers who rely on tips could save big when they file their taxes in 2026 thanks to President Donald Trump’s “Big Beautiful Bill.” The legislation included the creation of an ...
The rapid advancement of artificial intelligence technology is stirring up “enormous” anxiety among investors, as firms struggle to judge which tech companies are worth the risk, according to Thoma ...
Dec 1 (Reuters) - OpenAI CEO Sam Altman told employees he was declaring a "code red" to improve ChatGPT and is planning to delay other initiatives, such as advertising, The Information reported on ...
President Donald Trump delivered on his promise to exempt tips from taxes but critics say the “Big Beautiful” policy may deliver a smaller advantage than expected — and could hurt the very workers ...
For years, when it was time for startups to start selling their product, they could turn to any number of traditional playbooks. But as with so many things, AI is changing how companies prepare to go ...
Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...
Millions of Americans who receive tips or overtime pay have been issued new guidance from the Internal Revenue Service (IRS) clarifying what tax deductions are available to them. On Friday, the IRS ...
Does the $6.2 billion move mean that genAI is mature and this is the next logical step, or does it mean the opposite, that this is a pivot to try and find a profitable route? When reports came out on ...
The bonds known as Treasury inflation-protected securities are designed to protect investors’ income against rising prices and perhaps even deliver an extra bit of return. But do TIPS, as the bonds ...
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