GOP bill, tax rules
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The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both sides feeling shortchanged.
Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign.
The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.
The Senate passed the No Tax on Tips Act, a key element of Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.
Jimmy Fallon is celebrating the Senate's recent passing of the No Taxes on Tips bill. The NBC late night host started off his Wednesday night monologue with several jokes about the surprise bill, which was passed unanimously on Tuesday.
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The U.S. Senate unanimously passed the "No Tax on Tips Act," a bill that would create a tax deduction on tips worth up to $25,000. What happens next?
Ohio workers could avoid state and local taxes on their tips under a bill introduced by a Republican lawmaker. House Bill 209 would exempt tips from state and local income taxes, regardless of how much the person makes.