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

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

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

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

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

Walmart is the latest U.S. retailer to warn of impending price increases due to the cost of Trump's tariffs, drawing ire from ...

Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips ...

Benefits are front and center of the political debate once again after Republican-backed tax bill attracted attention for a series of cuts. So is a cut to Social Security taxes on ...

As per the latest update on the No Tax on Tips Act, the Senate has unanimously passed the bill on tax relief for tipped ...

The U.S. Senate has passed the "No Tax on Tips Act," a cornerstone of President Donald Trump's economic agenda, with rare bipartisan unity. In a unanimous 100-0 vote on Tuesday, la ...

Trump offered few details at the time, but later made similar pledges to eliminate taxes on other forms of income, including ...