Other highlights include charitable contributions deductions, auto loan interest deduction for certain new vehicles, and ...

Nevada has more than twice as many tipped workers as other states so it could reap the most benefit from new Trump-backed law ...

Trump's economic package was just approved by the Senate. Among the tax cuts is a plan to exempt tips from federal income ...

Asheville service workers concerned if new 'no tax on tips' law will be beneficial or be outweighed by stipulations and repercussions.

On the campaign trail, then-candidate Donald Trump touted his plan to end taxes on tips; now, millions of workers across the ...

Bar Rescue' host Jon Taffer joins 'Fox & Friends First' to discuss the impact of President Donald Trump's 'big, beautiful ...

How will 'no tax on overtime' work? The bill also creates a new deduction for overtime pay through 2028. While the House version has no cap and applies only to workers making less than $160,000 ...

On July 4, H.R.1 — 119th Congress (2025-2026), dubbed by President Donald Trump as the “One Big Beautiful Bill,” was signed into law with the “no tax on tips” act offering tax breaks on ...

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners By Greg Iacurci, CNBC • Published July 2, 2025 • Updated on July 2, 2025 at 1:29 pm ...