It’s not the tax relief many workers believe it to be.

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

But who actually benefits? The answer depends on how much you make, and how much you already pay in federal income tax. Now that President Donald Trumps signed the bill, workers will be able to deduct ...

The new No Tax on Tips baked into President Trump’s ‘Big, Beautiful Bill’ has caused confusion and anger for restaurant ...

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

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

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

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

In some restaurants, tips are already included either on all tables or large parties. The 'no tax on tips' policy will likely ...

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

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed into law on July 4. But some workers may not see any benefit.

Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on ...