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News

A no tax on tips bill has been passed by Senate

Digest more
New 'No Tax on Tips' Bill Approved: What to Know Now
Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers would still report their tips and claim the deduction when filing their taxes, rather than having tips automatically excluded from taxable income.

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 · 2d · on MSN
CNET on MSN · 2h
What Is the No Tax on Tips Act? Impacts for You as Senate Passes Bill
 · 1d · on MSN
House passes tax bill, including 'no tax on tips' provision. How much will workers save?
1don MSN
What the No Tax on Tips Act Means for Servers, Bartenders, and the Broader Economy
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 ...
Yahoo3d
'No Tax on Tips Act' passes Senate: Here's what's next
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 ...
1d
Here’s What’s in the Big Domestic Policy Bill to Deliver Trump’s Agenda
The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in ...

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