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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 ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year.
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 ...
President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but ...
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, ...
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.