The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Donald Trump, with the help of Senate Democrats.
Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...
The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax deduction on tips worth up to $25,000. President Donald Trump promised to ...
Donald Trump, who has offered little details surrounding his planned economic policies for a possible second presidency, has made headlines by announcing his proposal to eliminate federal tax on tips ...
Man selecting 20% tip while using a handheld credit card scanner at a restaurant in Queens, New York. Man selecting 20% tip while using a handheld credit card scanner at a restaurant in Queens, New ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) — The Senate on Tuesday passed a ...