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.

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 ...

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 ...

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 ...

Two different "no tax on tips" bills were passed last week with confusion coming from which one will be passed, what to know.

President Trump is floating the idea of increasing taxes on the ultra wealthy who make $2.5 million annually from 37% to 39.6 ...

All eyes will be on GOP Sens. Josh Hawley, Susan Collins, Rick Scott, Ron Johnson and others who are pushing for changes to ...

Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

Trump's "no tax on tips" pledge from his 2024 campaign is inching closer to reality. Here's a look at what's in the provision ...