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Certain workers may now be able to keep more of what they earn, but what does “no tax on tips” really mean for employees and their employers? The “One Big Beautiful Bill” recently passed ...
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Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year.
Among the multiple provisions within the bill President Donald Trump signed last week are several that could directly impact you, including no tax on tips.
The 'No Tax on Tips' provision, which also applies to overtime pay, is part of President Trump's One Big Beautiful Bill Act. Here's the fine print.
Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on federal tax returns.
President Donald Trump signed into law the spending bill that will bring significant changes to the United States, including no tax on overtime.
While Trump’s no-tax-on-tips pledge sailed through Congress on a wave of political enthusiasm, the real-world path to delivering relief to workers is proving far more complex — and could leave ...
Will you get any benefit from tax break on OT, tips? What the big beautiful bill means.
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