Can self-employed individuals claim the new tips deduction? Learn how the up to $25,000 no-tax-on-tips deduction works, income limits, what qualifies as a “voluntary tip,” and why only tips reported on Forms 1099-NEC, 1099-MISC, or 1099-K count. Explore eligible industries and what freelancers must know to maximize this tax benefit.

Are you a homeowner looking to maximize your tax benefits? Learn about the $10,000 limit, itemizing deductions, and the Mortgage Interest Credit for lower-income taxpayers. Plus, discover what expenses you can't deduct, like insurance and utilities.