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If approved by the House, the new legislation will create a tax deduction of up to $25,000 for cash tips workers report to ...
WASHINGTON – The U.S. Senate on May 20 unexpectedly passed a bill to create a new tax deduction on tips worth up to $25,000. The bill, introduced by Sen. Ted Cruz, R-Texas, was brought up for a ...
Service industry workers may soon take home more in cash tips after the "No Tax on Tips" Act passed the Senate last week.
If you think the “no tax on tips” measure just passed by the Senate will mean you can tip less with a clear conscience, think ...
The U.S. Senate unanimously passed the “No Tax on Tips Act,” put forth by Sen. Ted Cruz, R-Texas, and cosponsored by two ...
As per the latest update on the No Tax on Tips Act, the Senate has unanimously passed the bill on tax relief for tipped ...
The Senate unanimously passed the "No Tax on Tips Act," which would eliminate taxes on reported cash tips up to $25,000 for workers earning $160,000 or less. The bill now moves to the ...
On May 20, 2025, the U.S. Senate passed the “No Tax on Tips Act” with unanimous consent. The bill now heads to the U.S. House ...
Lawmakers recently passed measures to exempt tips from income tax, but some worker advocates and labor experts say it could ...