In a rare display of bipartisan unity, the U.S. Senate has unanimously passed the 'No Tax on Tips Act,' marking the first ...

The U.S. Senate bill, which codifies into federal law a campaign promise made by President Trump,establishes a tax deduction of up to $25,000 for tips for employees who earn less than $160,000. The ...

Lawmakers recently passed measures to exempt tips from income tax, but some worker advocates and labor experts say it could ...

Two different "no tax on tips" bills were passed last week with confusion coming from which one will be passed, what to know.

As Americans push to remove federal taxes on tip income, Canada focuses on curbing excessive tipping prompts and clarifying ...

It’s fair to assume that tax-free tipping will only encourage this tip-reliant employment trend to continue. But while there ...

But if the No Tax on Tips Act, introduced by Sen. Ted Cruz (R-Texas), is any indication, the exemption would likely only apply to federal income taxes. Tip earnings are hard to characterize since ...

(The Center Square) – U.S. Sen. Ted Cruz, R-Texas, has introduced another bill to help families save money without tax penalties. He previously introduced a bill to expand tax-deferred education ...

When U.S. Sen. Ted Cruz, R-Texas, introduced the No Tax on Tips legislation in January, he said Republicans should be the party to back it. "I've long believed the GOP should be the party of ...