The 'No Tax on Tips' proposal promises tax relief for tipped workers, but its impact is uneven. While some may save up to ...

The new tax proposal by Republican lawmakers aims to eliminate the federal tax on tips. While this measure promises to boost ...

Republicans included a number of unexpected items in the package that was finished just hours before it was passed.

The Republican members of Congress from Louisiana should explain why they are giving the economic equivalent of a middle ...

It’s too soon to say whether the overtime tax cuts will remain in the bill. Before the House passed Trump’s budget bill, the Senate unanimously passed a bill to eliminate federal taxes on tips. It ...

Competing House and Senate bills have the potential to reshape how the IRS taxes tips and overtime wages. The Senate recently passed the “No Tax ...

Republicans last Thursday shepherded President Donald Trump’s “big, beautiful bill” through the House, using their slim majority. Every Democrat voted against the legislation, preferring to support ...

The U.S. House of Representatives narrowly approved the "big, beautiful bill." The bill now goes to the Senate, where it ...

The U.S. Senate bill, which codifies into federal law a campaign promise made by President Trump,establishes a tax deduction of up to $25,000 for tips for employees who earn less than $160,000. The ...

Service industry workers may soon take home more in cash tips after the "No Tax on Tips" Act passed the Senate last week.

A bipartisan proposal to eliminate federal income taxes on tips is gaining momentum, touted as a way to boost take-home pay for millions of service workers, The Washington Post writes.  Versions of ...

House Republicans’ sweeping budget bill does not eliminate taxes on Social Security benefits — a signature piece of President Donald Trump’s platform — but officials say an enhanced standard deduction ...