For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

People who earn tips or work overtime may see some tax breaks under President Donald Trump's "Big Beautiful Bill." What to ...

The legislation allows millions of tipped workers to deduct part of their tip income from federal taxes. At the Country ...

President Donald Trump signed a sweeping piece of legislation that includes several of his campaign promises, including no ...

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...

Under the new bill, anyone who earns a tip as part of their income can claim it as a deduction, up to $25,000, which is good ...

President Donald Trump signed the One Big Beautiful Bill into law, which includes new tax deductions for tips and overtime pay that take effect now.

The OBBB incorporates a bill known as the “ No Tax on Tips Act, ” which had previously passed the U.S. Senate in a surprising 100-0 bipartisan vote.