The tip deduction could boost tipped workers' take-home pay by an average of $1,675, according to the White House's Council of Economic Advisors. Eligible overtime workers would get a tax cut between ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

Trump's "no tax on tips" pledge from his 2024 campaign is inching closer to reality. Here's a look at what's in the provision ...

Trump's 'One Big Beautiful Bill,' with a bigger child tax credit, is moving through Congress. See what may be in it for you ...

On May 20, 2025, the U.S. Senate passed the “No Tax on Tips Act” with unanimous consent. The bill now heads to the U.S. House ...

At the center of the sweeping bill is trillions in tax cuts, which Republicans aim to partially offset through changes to ...

Tax cut extensions, more breaks for business owners and a bigger cap on SALT deductions are among the big changes.

Capital Gains Tax : SB 5813 creates a new capital gains tax top bracket of 9.9% for gains in excess of $1 million, ...

tax deductions, and other benefits around filing tax returns. Learning to take advantage of these tax breaks can help you make the most of your money and your benefits as a member of the military.

FULL THROTTLE: President Donald Trump’s retribution tour is expanding by the day, with an ever-lengthening list of targets ...