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The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful ...
Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
Workers earning "midrange" pay can still see meaningful savings. A warehouse supervisor earning $60,000 with $10,000 in ...
New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...
Labor advocates say President Trump’s big promise to end tax on tips has morphed into a more complicated policy reality, and ...
The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct ...
New law exempts up to $25,000 in tips from federal taxes, delivering on Trump’s campaign pledge Unclear rules leave workers ...
The bill could potentially impact up to 4 million tipped workers and roughly 97.7 million overtime-eligible employees.
The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...