News

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...
For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...
The changes won’t happen all at once. Here’s when Americans can expect key provisions of the GOP tax and spending bill to go ...
Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.
The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...
The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign ...
New law exempts up to $25,000 in tips from federal taxes, delivering on Trump’s campaign pledge Unclear rules leave workers ...
President Donald Trump signed the One Big Beautiful Bill into law, which includes new tax deductions for tips and overtime pay that take effect now.
Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...
Omaha restaurant workers will see the impact of the ‘no taxes on tips’ portion of President Trump’s “Big, Beautiful Bill” ...
Now that President Donald Trumps signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns.
For Jordon O’Donald, a bartender at Brewski’s in downtown Little Rock, the news sounded like a welcome break. She has worked in the industry for eight years and relies on tips to support her and her ...