As of July 4, 2025, the One Big Beautiful Bill Act allows workers to deduct up to $12,500 of overtime pay ($25,000 for joint ...

The Social Security Administration circulated an imprecise email about the provisions in the new law. Here’s what it actually does.

In 2025, the 6.2% Social Security tax remains a crucial payroll deduction, funding essential retirement, survivor, and ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

With Social Security trust funds estimated to run out in less than a decade, some Americans wonder if Congress will step in ...

The Elite plan goes a step further and covers up to $25,000 per year in payroll tax penalties resulting from mistakes an employer might have made. In other words, you’re covered even if ...

Investopedia chose Coursera’s Intuit Bookkeeping Basics as the best overall online bookkeeping class. It’s free and teaches ...