The Tax Policy Center said that roughly 60% of households with tipped workers will see a tax cut under the new legislation, ...

President Trump promised "no tax on tips" to service workers across America. The actual policy delivers a limited deduction ...

The post Treasury Outlines No Tax On Tips Plan appeared first on Self Employed.

This deduction could significantly reduce tax bills for millions of tipped workers, but only if they maintain accurate records. One expert explains how you can ensure you get this tax break this year.

That guidance basically asks employers to use their best efforts to provide documentation; no penalties will be imposed on ...

The president gave a televised speech that featured repeated criticism of Democrats and his predecessor, Joseph R. Biden Jr., ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for ...

President Donald Trump said this week that he would consider eliminating federal taxes on gambling winnings. However, he ...

In this article, Domain Money outlines tax changes taking effect in 2026. The OBBBA, signed into law on July 4, 2025, ...

Sen. Josh Hawley (R-Missouri) thinks he has a new idea: no taxes on health care. He has proposed making all out-of-pocket health care expenses tax deductible, saying that would “ help people ...

Mo., thinks he has a new idea: no taxes on health care. He has proposed making all out-of-pocket health care expenses tax deductible, saying that would “help people immediately.” But would it? Right ...

Sen. Josh Hawley (R-Missouri) thinks he has a new idea: no taxes on health care. He has proposed making all out-of-pocket health care expenses tax deductible, saying that would “ help people ...