The Republican-backed fiscal package signed into law by President Trump on July 4 includes a temporary tax break that stands to benefit millions of Americans: a provision that allows eligible workers ...
The Treasury Department unveiled its list of jobs that will be covered by the Trump administration's "no tax on tips" policy under the One Big Beautiful Bill Act (OBBBA). President Donald Trump made ...
The massive federal spending and tax bill, dubbed the Big, Beautiful Bill, was signed into law by President Donald Trump on July 4th. The bill includes tax breaks for tipped workers, such as those in ...
The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful Bill Act, allows eligible tipped workers to deduct a portion of their income ...
NOTE: An earlier version of this story overestimated how much workers could save in federal taxes under President Donald Trump’s “big, beautiful bill” and did not apply progressive tax brackets. The ...
Hourly workers in the service, hospitality, and retail industries overwhelmingly back President Donald J. Trump’s bold NO TAX ON TIPS plan in the One Big Beautiful Bill, according to a new survey — ...
President Donald Trump's no tax on tips and overtime pay policy was one of his most popular pledges during the 2024 election campaign, and lawmakers in Congress are working to make his plans a reality ...
Typically, the government wants a cut of any money you earn. But soon, tips earned on the job may become an exception to that rule. Following promises from both parties during the last presidential ...
There’s no question that President Trump’s proposal to stop taxing tips has broad appeal. It’s popular in polling, lawmakers in both parties support it, and now a version of the idea is on its way to ...
The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Trump’s, with the help of Senate Democrats. Sen. Jacky Rosen (D-Nev.) ...
The Senate on Tuesday unanimously passed the No Tax on Tips Act in a surprise vote. This could boost momentum for the idea floated by President Donald Trump during his 2024 campaign. If enacted, the ...
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