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

Here's what to know about the bill, plus info on North Carolina's “No Tax on Tips, Overtime, Bonus Pay" Bill and more.

On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came in at 215-214.

The idea is planted in the sprawling tax cuts package House Republicans passed early Thursday. In a surprise move, the Senate ...

The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Donald Trump, with the help of Senate Democrats.

On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came in at 215-214.

Wyo., issued the following statement Tuesday after the unanimous passage of the No Tax on Tips Act, a proposal originally ...