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

The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...

Nev., called up the bipartisan bill for immediate passage, and no senator objected. The measure now goes to the House.

In a surprise move, the Senate passed the No Tax on Tips Act which would allow up to a $25,000 deduction for workers who ...

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

The legislation, which offers an economic break to eligible employees making up to $160,000 a year, is now headed for a House ...

President Donald Trump's "big, beautiful bill" is heading to the Senate. When will no tax on overtime, tips begin? What to ...

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

Both the House and Senate versions are structured as deductions, not full exclusions of tips from taxable income. So, workers ...

Polling suggests no taxes on tips is a popular idea across party lines, but critics say the proposal will benefit few ...

If approved by the House, the new legislation will create a tax deduction of up to $25,000 for cash tips workers report to ...