On Tuesday, the U.S. Senate unanimously passed the No Tax on Tips Act, which could have wide-ranging consequences for the restaurant industry in the U.S. Here's what you need to know about the bill and how it could impact you.

Jimmy Fallon is celebrating the Senate's recent passing of the No Taxes on Tips bill. The NBC late night host started off his Wednesday night monologue with several jokes about the surprise bill, which was passed unanimously on Tuesday.

Proposed changes making their way through Congress would benefit many employees, but some details are still in flux.

Ohio workers could avoid state and local taxes on their tips under a bill introduced by a Republican lawmaker. House Bill 209 would exempt tips from state and local income taxes, regardless of how much the person makes.