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WASHINGTON – Workers who rely on tips moved a step closer Tuesday to seeing a significant tax break when the U.S. Senate ...
New legislation proposed in the U.S. House of Representatives aims to exempt military bonuses from federal income tax in an ...
The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...
The no-tax-on-tips provision is getting closer to becoming a reality for the nation's tipped workers. Why it matters: The ...
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
Ohio workers could avoid state and local taxes on their tips under a bill introduced by a Republican lawmaker.
"Whether it passes free-standing or as part of the bigger bill, one way or another, no tax on tips is going to become law and give real relief to hard-working Americans," Sen. Ted Cruz, R-Texas., said ...
President Trump’s tax-and-spending cut bill centers on an extension of his previous round of tax cuts, which Republicans ...
No one ever accused Donald Trump of knowing much about the economy. That fact comes through loud and clear in his tax cut ...
Many retirees may not realize that Social Security benefits are subject to federal taxes if their income exceeds certain ...