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If signed into law, the bill would exempt up to $25,000 in tips from federal income taxes. The bill, a signature campaign promise of President Donald Trump, now moves to the Republican-controlled ...
The challenge If you've ever looked at a paycheck and wondered what FICA stands for, it's the Federal Insurance Contributions Act. Of your gross wages, 6.2% goes into FICA to pay for Social ...
Gov. Mike DeWine signed the state's $60 billion budget on Monday night, and while he vetoed 67 items, he kept in the provision that will lower the tax rate for those making more than $100,000 and ...
The OBBB incorporates a bill known as the “ No Tax on Tips Act, ” which had previously passed the U.S. Senate in a surprising 100-0 bipartisan vote. Republican lawmakers included the measure ...