Tipped workers in the U.S. are set to benefit from a new tax law allowing them to deduct $25,000 in tips from their taxable income. This major change, part of the One Big Beautiful Bill Act, could lead to significant tax refunds for many workers.
Millions of defaulted federal student loan borrowers are facing imminent collections actions including wage garnishment and tax refund seizure. Learn how to protect your earnings and options available for borrowers.
The Trump administration is set to resume collections on defaulted student loans for the first time in five years, impacting millions of borrowers. With wage garnishments and tax refund seizures on the horizon, many are left anxious and confused about their repayment options.
The acting commissioner of the IRS, Doug O'Donnell, is set to retire amidst a period of turmoil marked by layoffs, political tensions, and technological modernization efforts. Find out the impact on taxpayers and the agency's future.
