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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.
Elon Musk is criticizing the centerpiece of President Donald Trump’s legislative agenda. Here’s what Musk is saying.
Lawmakers recently passed measures to exempt tips from income tax, but some worker advocates and labor experts say it could ...
The U.S. House of Representatives narrowly approved the "big, beautiful bill." The bill now goes to the Senate, where it ...
Two different "no tax on tips" bills were passed last week with confusion coming from which one will be passed, what to know.
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 ...
On May 20, 2025, the U.S. Senate passed the “No Tax on Tips Act” with unanimous consent. The bill now heads to the U.S. House ...
They explained that servers are already legally obligated to claim 100% of their tips, including cash. But cash is not tracked to enforce taxation, so it’s well known that servers supplement their ...
If the bill gets to the president’s desk, it can give a tax break to millions of service workers like servers, beauticians, ...
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 ...