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Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...
A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.
Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...
People who are considered ‘highly compensated employees’ wouldn’t be eligible for the ‘no taxes on tips’ provision in the GOP ...
Here's what to know about the bill, plus info on North Carolina's “No Tax on Tips, Overtime, Bonus Pay" Bill and more.
The 'One Big Beautiful Bill Act' offers tax cuts and deductions, but its financial impact on individuals is uncertain due to ...
On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came ...
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsi ...
For the millions of workers in the U.S. who heavily rely on tips as part of their jobs, taxes on that additional income add ...
It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions ...