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 ...

The Senate passed the No Tax on Tips Act, a key element of President Donald Trump's tax cut plan, with bipartisan support despite concerns over its $10 billion annual price tag.

Tipped workers across the country could soon see part of their paycheck go tax-free—if Congress finalizes a proposal to eliminate federal income taxes on tips.

and in the Senate introduced the No Tax on Tips Act," Cruz said in a statement. "This legislation will have a lasting impact on millions of Americans by protecting the hard-earned dollars of ...