The much-touted new tax breaks for tips, overtime, seniors and car loan interest have a lot of income tax filers expecting a big bump in their refunds this year – or a big cut in their tax bill.

The new federal tax deduction could dramatically reduce your tax bill this year. But it's not exactly tax-free. We break down the critical rules and qualifications.

President Donald Trump’s visit to the Tri-State Wednesday put a spotlight on one of his signature legislative promises: no taxes on tips or overtime. Trump called a Newport bartender on stage, saying ...

WASHINGTON (AP) — The Treasury Department is moving closer to making President Donald Trump’s “ no tax on tips ” promise a reality. But new guidance released Friday tends to limit the number of tipped ...

Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.

Some of the biggest tax changes in years could hit your federal return right now. From untaxed tips and overtime to a new incentive for new-car buyers, to a bigger child tax credit, Consumer Reports ...

Hartland CPA Brooke Leiterman says new federal tax law changes are making filing more complex this year, while higher refunds ...