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While the One Big Beautiful Bill signed on July 4 boasts several tax benefits – such as no tax on tips or overtime and a ...
President Donald Trump’s “big beautiful bill” includes a section for “no tax on tips.” Now that the provision is enacted, ...
Clear Start Tax breaks down how income from platforms like TikTok, YouTube, and Instagram can trigger audits if not reported ...
Many tipped workers don't stand to take home more of their paycheck under the provision. Nearly 40% of tipped workers in the U.S. have incomes so low that they didn't have to pay any federal income ...
The government’s imposition of inheritance tax (IHT) on farms has shone a light on an uncomfortable truth: returns on farming ...
So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the Mid-Atlantic, especially in industries like healthcare, manufacturing, and ...
Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.
Vice President JD Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Donald Trump's sweeping budget-and-policy package.
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
On the campaign trail, then-candidate Donald Trump touted his plan to end taxes on tips; now, millions of workers across the ...