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 ...

Ahead of his Venice wedding, protesters called for the billionaire Amazon founder to pay more taxes. Here’s our estimate of ...

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

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 ...

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

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 ...