The proposed regulations clarify points including the interaction of qualifying occupations for which tips are customarily received with ineligible specified service trades or businesses.
The part of the US Treasury market that protects investors from rising consumer prices is now facing uncertainty after the White House said the October consumer price index (CPI) may not be released.
The Treasury Department released proposed regulations Friday on the "no tax on tips" provision of the One Big Beautiful Bill Act, outlining which types of jobs and tips would be eligible. A draft list ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The US Treasury conducted a debt buyback operation on Treasury Inflation-Protected Securities (TIPS) worth $785 million on Thursday, which was settled on November 21. This is the second buyback by the ...
The Schwab U.S. TIPS ETF offers low-cost, diversified exposure to U.S. Treasury Inflation-Protected Securities, providing effective inflation protection for long-term investors. SCHP tracks the ...