December 5, 2014
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Tags: Taxes
Taxes February 11, 2026
Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.
Technology February 10, 2026
The program, launched last week, is designed to help corporate tax departments build practical artificial intelligence skills and integrate generative AI into daily operations, KPMG said.
Taxes February 10, 2026
The report from the Tax Foundation found that American households had a tax increase of $1,000 in 2025 and an increase of $1,300 in 2026 as a result of President Donald Trump’s tariffs.
Taxes February 10, 2026
According to the National Conference of State Legislatures, most states began offering tax credits for donating to scholarship granting organizations since the turn of the century.
Dustin Wheeler is a tax manager at Hawkins Cloward & Simister in Orem, Utah, where he provides accounting and business advisory services. He blogs about technology and accounting at www.dustinwheelercpa.com.