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If the bill gets to the president’s desk, it can give a tax break to millions of service workers like servers, beauticians, ...
President Donald Trump’s “no tax on tips” pledge became a catchphrase for his 2024 campaign. Now it’s inching closer to ...
The budget bill approved by the House promises to benefit many food workers, but some details are still unclear.
Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign.
Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...
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Money Talks News on MSNNo Tax on Tips Bill Passes Senate HurdleThe Senate unanimously passed the No Tax on Tips Act, fulfilling a key Trump campaign promise. The bipartisan bill would provide tax deductions for millions of tipped workers despite concerns from ...
On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came ...
The legislation has implications for those who give gratuities and those who pocket them, with the potential to leave both ...
The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President ...
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.
Workers in Montana have only had to pay state income taxes on their tips since 2024. If Congress approves one of the bills ...
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