The Congressional Budget Office warned that exempting overtime pay from income taxes could lead to $124 billion in lost tax ...

There was little sympathy for the congressman’s words among the 100 or so protesters who turned out for the news conference ...

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 ...

Here are some of the consequences that will follow if Congress cuts a key federal nutrition program, as proposed in the U.S.

Lawmakers recently passed measures to exempt tips from income tax, but some worker advocates and labor experts say it could ...

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 ...