New Federal Deductions for Tip & Overtime Pay: 2025–26

As tax season moves forward, many individuals are focused on filing their 2025 returns. This year brings an important development for workers who earn tip income and overtime pay. Recent federal legislation introduced new above-the-line deductions that may reduce taxable income from 2025 through 2028. If you worked in a tipped position or earned overtime […]

Tax Deduction for Work Clothing & Uniforms?

Do you need to wear specialized attire for your job? Or perhaps protective gear specific to your industry? If so, you may qualify for a tax deduction on work clothing or uniform expenses, particularly if you’re self-employed or a business owner. In this article, we will address the following questions about tax deductions for work […]