Dozens of shoppers lined up for the grand opening of a new Mountain Equipment Company (MEC) location in Nanaimo, B.C., on Saturday — some of them even camping overnight to be first in line. Standing ...
The Internal Revenue Service issued guidance Friday for workers eligible to claim the deduction for tips and overtime income for tax year 2025. Notice 2025-69 provides clarification on how to ...
Three major Mississippi business organizations are merging to form the Mississippi Business Alliance. The new organization will be led by John McKay, the current president and CEO of the Mississippi ...
The Mississippi Economic Council will merge with two other business groups to form the new Mississippi Business Alliance. This new organization aims to create a single, authoritative voice for ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. EMS-FORSTER-PRODUCTIONS/Getty ...
Treasury posted a preliminary list of occupations that customarily and regularly receive tips for purposes of the “no tax on tips” provision of H.R. 1, P.L. 119-21, commonly known as the One Big ...
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The massive federal spending and tax bill, dubbed the Big, Beautiful Bill, was signed into law by President Donald Trump on July 4th. The bill includes tax breaks for tipped workers, such as those in ...
The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful Bill Act, allows eligible tipped workers to deduct a portion of their income ...
NOTE: An earlier version of this story overestimated how much workers could save in federal taxes under President Donald Trump’s “big, beautiful bill” and did not apply progressive tax brackets. The ...
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