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 ...

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

Gilbert Arenas argues that LeBron James did the right thing by not taking a pay cut, saying it’s up to owners to spend into ...

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

Here’s how the strategy works: This approach follows a fundamental principle: No sale means no taxes. By borrowing against ...

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

Everyone on the full state pension will be forced to pay income tax as early as next year - even if they have no other income ...

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 ...

One proposal is to reduce the annual tax-free allowance for cash ISAs from the current £20,000 to around £4,000. The intention behind this would be to encourage savers to invest more in stocks and ...

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