Now that President Donald Trumps signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns ...

Trump’s new No Tax on Tips legislation is sparking mixed feelings among servers and restaurant industry insiders.

Read More: 6 Reasons Your Tax Refund Will Be Higher in 2025 Learn More: Why Skipping a Financial Advisor Could Be Your Biggest Money Mistake Here are six of the best tax savings tips for ...

To help you save money on your taxes this year, we spoke with five financial experts to get their top tax-saving tips—and they go well beyond taking advantage of tax deductions and credits.

A health savings account (HSA) lets you set aside pre-tax money for medical costs. Most high-income earners cannot deduct medical expenses because they must exceed 7.5% of their adjusted gross ...