Under the bill Trump signed into law on July 4, the U.S. Treasury Department must publish a list by Oct. 2 of occupations ...

Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on ...

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could ...

Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some ...

Trump has signed the "big, beautiful" bill, enacting sweeping changes to programs like SNAP and Medicaid. Here's what ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

It is beyond ironic that Cruz has sponsored legislation to exclude disfavored children from the Constitution, given that he ...

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...

Labor advocates say President Trump’s big promise to end tax on tips has morphed into a more complicated policy reality, and ...

One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...