Many restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for their workers under the new tax laws. The “no tax on tips” provision in President Trump’s One Big Beautiful Bill Act allows certain workers to deduct up to $25,000 …
If you’re a current or former AT&T customer, you may be eligible for part of a $177 million class action settlement the telecom giant has agreed to after a series of data breaches exposed the personal information of millions of users. According to legal filings, the first breach occurred in …
The Social Security Administration won’t announce the 2026 cost-of-living adjustment (COLA) to benefits until next month, but experts are already making forecasts. The Senior Citizens League (TSCL) estimates the COLA bump will be 2.7%. That’s up from the 2.5% increase retirees received in 2025, one of the lowest on record. But …
No tax on tips: What workers should know No tax on tips: What workers should know 01:45 The Republican-backed fiscal package signed into law by President Trump on July 4 includes a temporary tax break that stands to benefit millions of Americans: a provision that allows eligible workers to avoid …
Brazilian President Luiz Inácio Lula da Silva said Thursday that he would impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro. Lula said he would …
U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | Reuters How to read this guide Follow along from start to …
Senate staffers rest on the U.S. Capitol steps at sunrise as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters How to read this guide Follow along from start to finish, …
In 2019, the Indiana legislature passed a bill that would offer eligible data centers significant sales tax exemptions. The legislation said facilities packed with state-of-the-art servers could avoid the state’s 7% tax when purchasing equipment and power. The measure was a boon for large tech companies that have been rapidly …
You can make the process of filing your income taxes less painful and time-consuming by filing online. The best tax-prep offerings have both free and paid tiers, as well as robust live and AI-powered support and guarantees for both accuracy and the biggest refund possible. CNBC Select has run more …
As you prepare for tax season, you may consider paying your taxes with a credit card. After all, you’d have some breathing room until the bill was due and could earn rewards. The issue is that the IRS adds processing fees to credit card payments. On the other hand, if …
