The Senate on Tuesday passed a bill that would eliminate federal taxes on tips, advancing a key campaign promise of President Trump’s, with the help of Senate Democrats. Sen. Jacky Rosen (D-Nev.) ...

After both parties in Washington embraced ending federal income tax on tips during the last election cycle, a bill that would do just that made it through the Senate Tuesday. The big story in Congress ...

In a surprise move, the Senate unanimously passed the No Tax on Tips Act which would allow up to a $25,000 deduction for workers who typically receive tips as part of their compensation. In a surprise ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Santa Claus impersonators are specifically included in the "no tax on tips" deduction.

Which workers get no taxes on tips? The ones who make it on this closely watched government list set to be released by Oct 2. There's a perception that any tipped worker will qualify for the new "no ...

On July 4, 2025, President Trump signed into law the legislation commonly referred to as the “One Big Beautiful Bill Act” (the OBBBA). This information memorandum addresses the OBBBA’s enacted ...

The tax break on tip income is not automatic. You need to file a new form. The U.S. Treasury Department has a list of dozens of occupations that 'customarily and regularly received tips' that qualify ...