Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.

WASHINGTON — House Republicans were jubilant after muscling through President Donald Trump’s “big, beautiful” tax and immigration package by a single vote. But across the Capitol, senators were more ...

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President ...

George Allen hates tariffs — he calls them “import taxes” — and loves the United ... “In short, chronic trade deficits are no longer merely an economic problem,” he said in a ceremony ...

The Senate passed a bill on Monday which aims to eliminate taxes on tips in the United States. While it still has a long road ...

The existing No Tax on Tips bill excludes independent contractors. It has support from the National Restaurant Association, International Franchise Association and Professional Beauty Association.

The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...

Nixing income taxes was one of President Donald Trump's top policy promises during his 2024 election campaign.

Disagreements over a proposed sales tax cut contributed to the budget impasse, with the House favoring a larger cut than the Senate. Despite the legislative struggles, lawmakers approved bills ...

The bill does not appear to raise the individual income tax rate for top earners but makes permanent Trump’s 2017 tax cuts. The bill increases the child tax credit from $1,000 to $2,500 through ...