The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...

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

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

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

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 ...

The Senate passed President Trump’s “Big Beautiful Bill” July 1, giving the president his most significant legislative ...

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

Overtime wages would not be taxed under the House version of the bill. Under the Senate version, an individual's first ...

Rachel Reeves is now expected to cut the annual tax-free cash ISA allowance in her Mansion House speech this month, after a ...

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

Labour’s welfare bill passed on Tuesday, but eleventh-hour concessions could reduce the overall savings to zero ...