Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct ...

New legislation could mean big changes for some industries. But not all types of tips would be tax-free. Here's what to know.

President Trump has signed his Big Beautiful Bill and some local servers could be cashing in on the 'no tax on tips' ...

Overtime wages would not be taxed under the House version of the bill. Under the Senate version, an individual's first $12,500 of extra overtime pay would be tax-deductible. The income limit on the ...

Senate Republicans narrowly advanced President Donald Trump’s sweeping tax cut and spending reduction plan on Tuesday.

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

The House passed the major tax policy known as the ‘big, beautiful bill’ Thursday ahead of Fourth of July deadline.

House Republicans recently drafted the "One, Big, Beautiful Bill" that incorporates several of President Trump's key campaign ...

State Rep. Morgan Cephas is the primary sponsor of a bill that would create a tax deduction for overtime pay in Pennsylvania.

The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.