Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers ...

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

Tax breaks on tips and overtime pay ‘are in a very solid position to survive this bill process.’ But that’s not the end of ...

A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

As the IRS faces dramatic staffing cuts, wealthy tax cheats are finding it easier than ever to skip paying their fair share.

Many Americans rely on Social Security benefits as a primary source of income during retirement. However, these benefits are ...

Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsi ...

Here's what to know about the bill, plus info on North Carolina's “No Tax on Tips, Overtime, Bonus Pay" Bill and more.