There are three separate bills that would make tips tax-free. Here's the differences between the no tax on tips bills and ...

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

Everyone can take the standard deduction, which would be worth $16,000 for individuals and $32,000 for married couples this ...

Some Americans believe they can skip reporting their first $25,000 in tips under President Trump's new tax proposal, but it could cost them later. John and David Auten-Schneider, co-hosts of Yahoo ...

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

Congress could pass legislation that includes eliminating taxes on tips as soon as this month. But what the legislation will ...

The Senate unanimously passed the No Tax on Tips Act, fulfilling a key Trump campaign promise. The bipartisan bill would provide tax deductions for millions of tipped workers despite concerns from ...

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

Ultimately, the cost would weigh most heavily on poor Americans, according to the Penn Wharton Budget Model, which estimated ...

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 ...

President Trump's proposed tax break on tips faces scrutiny as analysts suggest it disproportionately benefits the wealthy ...