Congress could pass legislation that includes eliminating taxes on tips as soon as this month. But what the legislation will ...

The No Tax on Tips Act has the stamp of approval from the Senate and the House seems ready to approve it as well. The FOX 5 I-Team's Dana Fowle takes a look at what you need to know if you rely on ...

U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face ...

Republicans included a number of unexpected items in the package that was finished just hours before it was passed.

It’s too soon to say whether the overtime tax cuts will remain in the bill. Before the House passed Trump’s budget bill, the ...

Competing House and Senate bills have the potential to reshape how the IRS taxes tips and overtime wages. The Senate recently passed the “No Tax ...

The U.S. House of Representatives narrowly approved the "big, beautiful bill." The bill now goes to the Senate, where it ...

The U.S. Senate bill, which codifies into federal law a campaign promise made by President Trump,establishes a tax deduction of up to $25,000 for tips for employees who earn less than $160,000. The ...

Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...

Service industry workers may soon take home more in cash tips after the "No Tax on Tips" Act passed the Senate last week.

A bipartisan proposal to eliminate federal income taxes on tips is gaining momentum, touted as a way to boost take-home pay for millions of service workers, The Washington Post writes.  Versions of ...