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The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
The big story in Congress right now is that Republican lawmakers in the House are negotiating a large-scale tax bill that ...
Abir Mandal, a senior policy analyst at the Tax Foundation, wrote in an April blog post he the no tax on tips change on the grounds that it “ undermines economic fairness ” because non-tipped workers ...
WASHINGTON – Workers who rely on tips moved a step closer Tuesday to seeing a significant tax break when the U.S. Senate ...