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

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

House Republicans were jubilant after muscling through President Donald Trump’s “big, beautiful” tax and immigration package ...

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

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 ...

Pass-through businesses would enjoy a higher qualified business income deduction under the bill, which just passed in the House.

The bill redistributes wealth in an upward direction while adding debt, which Democrats will howl about as the bill slogs ...

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 Senate unanimously passed the No Tax on Tips Act, a bill to exempt gratuities from federal taxes. It now awaits House ...

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.