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The "Big Beautiful Bill" did not actually eliminate taxes on tips, overtime, or Social Security, but many people will be able ...
WASHINGTON (Gray DC) - With the stroke of a pen, President Trump overhauled large portions of the tax code. But the changes ...
Servers like Shey Newman at Katie’s Restaurant could save thousands yearly under the new law exempting up to $25,000 in tips ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...
President Donald Trump signed into law last week a sweeping package of tax cuts and spending cuts, which passed the Senate and House with narrow majorities and no Democratic support. As is his ...
Qualifying Americans 65 and older are eligible for a deduction of up to $6,000 under the new law. If an individual’s income exceeds $75,000, the deduction is phased out. (For couples filing jointly, ...
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MiBolsilloColombia on MSNThousands of tip workers may be left out of Trump's tax cuts due to SSN ruleTrump’s ‘One Big, Beautiful Bill’ offers tax cuts but could exclude thousands of tip workers without SSNs, hitting service ...
Questions remain about how elements of the massive tax-and-spending bill signed by the President last week will play out. But ...
The 'No Tax on Tips' provision, which also applies to overtime pay, is part of President Trump's One Big Beautiful Bill Act.
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