The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Breakthroughs, discoveries, and DIY tips sent every weekday. Terms of Service and Privacy Policy. Ask someone in the United States about “electric cooking” and ...

It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. The ...

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. Photo by JIM WATSON/AFP via Getty ...

Compared to gas and electric, induction is a relatively new technology, and there’s still some confusion surrounding it. The most common misconception is that you need “special induction cookware.” ...

The best induction burner: Duxtop Portable Induction Cooktop A splurge-worthy upgrade: Breville Control Freak Home The best double induction burner: Nuwave Double Induction Cooktop A budget-friendly ...

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. Investopedia / Photo Composite by ...

For the next five years, there will be a much more generous state and local tax deduction available to federal income tax filers, thanks to the recently enacted mega tax-and-spending-cuts law. The new ...

Steve Maugeri joined the CBS News Miami team in April 2024. Steve has always loved the beach and is excited to live this close to the ocean within a major city as well! While the Trump administration ...

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is the new ...