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The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both ...
A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.
On Tuesday, the U.S. Senate unanimously passed the No Tax on Tips Act, which could have wide-ranging consequences for the ...
The House of Representatives passed President Donald Trump's "big, beautiful bill" early Thursday morning, which includes a ...
Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...
Nev., called up the bipartisan bill for immediate passage, and no senator objected. The measure now goes to the House.
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
President Donald Trump’s “no tax on tips” pledge became a catchphrase for his 2024 campaign. Now it’s inching closer to ...
On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came ...
The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President ...
What are the pros and cons of the No Tax on Tips billion and what do you need to know before it goes into effect.
The Senate passed the No Tax on Tips Act, a key element of President Donald Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.
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