The Senate unanimously passed the “No Tax on Tips Act” on Tuesday, a bill that would eliminate federal taxes on tips and that President Donald Trump made a campaign promise when running for reelection ...

“No Tax on Overtime” is a provision included in the tax reform bill known as the One Big Beautiful Bill Act, which passed in ...

One of Donald Trump’s more ingenious 2024 campaign promises was to exempt tips from federal income taxes. It’s a simple idea and wasn’t as wildly irresponsible as many of his proposals; after all, ...

Add Yahoo as a preferred source to see more of our stories on Google. The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax ...

(The Hill) — The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Donald Trump, with the help of Senate Democrats. Sen. Jacky ...

The No Tax on Tips Act was passed in the Senate on Tuesday after being co-sponsored by Sen. Ted Cruz (R-TX), chairman of the Senate Commerce Committee, and Sen. Jacky Rosen (D-NV). The bipartisan bill ...

In a surprising move on May 20, 2025, the U.S. Senate passed the "No Tax on Tips" Act with a unanimous vote, fulfilling a campaign promise by former President Donald Trump and receiving bipartisan ...

The Senate unanimously passed the "No Tax on Tips Act," which would exempt up to $25,000 in tips from federal income tax for lower-earning service workers. The bill, backed by Sen. Ted Cruz and linked ...

Tipping has been part of the modern-day American restaurant experience for decades. Like most forms of income, these tips are taxable and subject to income tax. But what if this income was free from ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) — The Senate on Tuesday passed a ...