On Tuesday, the U.S. Senate unanimously passed the No Tax on Tips Act, which could have wide-ranging consequences for the restaurant industry in the U.S. Here's what you need to know about the bill ...

The Senate unanimously passed the "No Tax on Tips Act," which would exempt up to $25,000 in tips from federal income tax for lower-earning service workers. The bill, backed by Sen. Ted Cruz ...

bipartisan approval — a rule to eliminate federal income taxes on tips. “No Tax on Tips,” which was one of President Trump’s most buzzy, populist campaign pledges in 2024, polls quite well.

Senators passed the “No Tax on Tips Act” in a unanimous vote Tuesday, sending the legislation to the House in a win for President Donald Trump, who campaigned last year on removal of taxes on ...

The Republican-led Senate passed the No Tax on Tips Act in an unexpected unanimous decision Tuesday afternoon. The bill, which eliminates federal tax on tips for hospitality workers and ...