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The Congressional Budget Office warned that exempting overtime pay from income taxes could lead to $124 billion in lost tax ...
Competing House and Senate bills have the potential to reshape how the IRS taxes tips and overtime wages. The Senate recently passed the “No Tax ...
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 ...
Rick Derringer, whose six-decade career spanned teen stardom as lead singer of the ‘60s smash “Hang on Sloopy,” a ‘70s solo hit with “Rock and Roll Hootchie Koo,” session work with artists from Steely ...
A bipartisan proposal to eliminate federal income taxes on tips is gaining momentum, touted as a way to boost take-home pay for millions of service workers, The Washington Post writes.  Versions of ...
Lawmakers recently passed measures to exempt tips from income tax, but some worker advocates and labor experts say it could ...
Two different "no tax on tips" bills were passed last week with confusion coming from which one will be passed, what to know.
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 ...
If the bill gets to the president’s desk, it can give a tax break to millions of service workers like servers, beauticians, ...
The U.S. Senate advanced a bill with “No Taxes on Tips” as a standalone policy, while the House Republicans’ “one big bill” ...
Democrats probably can't stop Trump's megabill. Here's what they can do instead.