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The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...

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The Senate has passed President Donald Trump's highly anticipated tax agenda, including a provision to lower federal income taxes on worker tips. The proposal, part of the One Big Beautiful Bill Act, ...

Typically, the government wants a cut of any money you earn. But soon, tips earned on the job may become an exception to that rule. Following promises from both parties during the last presidential ...

There’s no question that President Trump’s proposal to stop taxing tips has broad appeal. It’s popular in polling, lawmakers in both parties support it, and now a version of the idea is on its way to ...

NEW YORK (AP) — President Donald Trump's "no tax on tips" pledge became a catchphrase for his 2024 campaign. Now it's inching closer to reality. The idea is firmly planted in the sprawling tax cuts ...