For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

A full-time NJ restaurant worker earning $40,000 base salary and $20,000 in tips could deduct all of their tips. If they also ...

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...

After narrowly squeaking through the House on Thursday, the "big, beautiful bill" now heads to the president's desk for his ...

President Donald Trump's newly passed spending bill contains trillions in tax cuts, and the cuts are set to impact millions ...

Tax write-offs included in the massive bill would deliver on promises Trump made on the campaign trail—but only for a few ...

The U.S. House has passed Donald Trump’s One Big Beautiful Bill Act in a narrow 218-214 vote, sending it to the president for ...

But that has now changed for many workers, following President Trump's signing of the so-called One Big Beautiful Bill Act (OBBBA) on July 4, 2025. ... What the No Tax on Tips bill doesn't do.

Senate Republicans narrowly advanced President Donald Trump’s sweeping tax cut and spending reduction plan on Tuesday.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

With the GOP’s “big, beautiful bill” headed to President Trump’s desk for signature Friday, wealthy Americans are poised to ...

Indiana Rep. Erin Houchin showcases President Donald Trump's "No Tax on Tips" policy with restaurant workers, exploring how ...